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Not sure why you signed that contract in the first place. But, since you did... I agree with the others, if it is so restrictive it keeps you from earning a living, you may be able to get out of it. Worse case scenario, develop a futures/options version.

First you'd have to define HFT. Not many seem to be able to agree on one.

Come on. HFT firms were in the market as the market started dumping. Sarao stopped trading before that. Most of the firms that stopped trading, stopped because a) they no longer believed the accuracy of the quotes, or b) it was some scary sh** going on and risk managers pulled the plug...

I think Latour, Allston, Athena, and more would disagree with that.

We clearly disagree on this. There is intent on Sarao's part to manipulate the market. Most "HFT" firms are not doing that. The ones using algos to manipulate should be stopped as well. It doesn't matter if that is in a HFT firm, a guy sitting at home, or a lone wolf at a prop firm.

It was noticed a long time ago. The CME knew about it. They warned him. The guy ignored them (and made arrogant comments in the process). And the CME dropped it. This was a failure on CMEs part. Why is it an issue now? Your guess is as good as mine. Personally, I think the whistle blower...

This guy isn't being prosecuted just for canceling orders. He is being prosecuted for a multitude of reasons. I suggest reading the filings.

First of all. Firms and people that participate in HFT are running all sorts of algos. You cannot lump all together. Those that are showing orders with no intent of getting execution should be stopped. Plain and simple. However, most "HFT" firms are not doing this. There is a big...

Doubt you need colocation for speed. Although I wouldn't count it out for reliability. I don't know about you, but my home internet and power go out occasionally. That is no fun when you are in a position that you'd normally be out of a few seconds or minutes later.

I don't believe true HFTs are showing huge size like this. These are algorithmic traders, but probably not HFTs. It is true that HFTs are canceling a lot of orders. Especially market making algos. It is not to spoof, it is to try and remain as market neutral as possible. And when you are...

What do you mean he caused front runners to play into his resting orders? How does that make someone a front runner?

I think you have this wrong. I'm pretty sure the only thing that was automated was the layering that stayed away from best bid/ask. The actual trading was done manually. You can find this in the documents. I doubt he back tested any of this.

He displayed large sell orders to drive the price down, so he could buy. then he lifted the sell orders hoping that the price would rise without that selling pressure. He would then exit for a tick profit. And I seriously doubt he fooled any HFTs. More likely it fooled dumber/slower...

Most HFT firms are smarter than this. And they aren't going to "front run" an order that isn't even making a trade. It affects algo traders that are relying on unintelligent order book strategies. These are probably not HFT firms.

They've been "taking advantage of loop holes" for years now. Getting a little old.

No comment on your trading plan. Just wanted to say that the Pacific Northwest is a wonderful place to live. Been here (Portland area) for 4 years now and we love it. Enjoy the change of pace.

Gee thanks. lol. As said in the initial post, I realize there would have to be more involved to get it to work, if it would even work. Again, I don't have the data to test it, nor do I have the setup to trade it even if I found something. The point was to stimulate some conversation, talk...

Best mail tool to control who sends you what... 33mail.com .. You can create new throwaway or permanent email addresses on the fly and you'll know who sent you what and you can shut it down at any time.

Hmm. Wonder why it died? I'd think with all the quick price jumps that happen all day long that it would still be viable. Maybe the really fast guys have gotten too fast to make it worthwhile for anyone else. Well, if I could actually take advantage of this strategy, I would of kept my...

Yes, but being near the last in the que may have its advantages? If there are any orders left in that level that you just got taken at, perhaps you can grab what is left (if the original large order wasn't going to push it to the next level), you may just push it over yourself. Or, at the very...