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I'm an ex-Microsoft coder interested in developing automated news trading, please send me a message if anyone would like to collaborate further on this via Skype, thanks
 
using technology or anything to make a 1 penny 10 or 20 million times a day. There used to be an advantage to where one stood in the pit, how load one was, aggressive, ... Those still exist in other ways.

I heard the argument of front running but never see it in practice or even explained on how to do it. Can you explain how to front run exchange traded securities?
Read flash boys.. it does a good job of explaining latency arbitrage . I experienced it myself trying to do low latency passive hft market making (limit orders)
 
If you're gonna high-speed trade off of it would also be a good idea to not rely on the SIP and consider the private feeds. That's where most of the latency arb exists.
 
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