Hi,
For an algo that could play 100% providing liquidity with high frequency and huge volume, what is the best avenue ?
Theoretically, this algo can trade 1-2 years monthly
Previously,i thought it would fit as a retail algo but now i figured out that this type of algo might fit more in the HFT MM category.
I have little knowledge about this arena.. However, when i talked with LMAX exchange, they said they did not pay any rebates for such activity. but they lower their commission structure aggressively to reach 10$/m. Taken into consideration , the pure target for MM is to win spread or rebate, with this commission, i believe it is impossible.
What do you think in general?.
What is the most suitable avenue to trade such thing?.
What is the fair deal i should expect?.
Thanks
For an algo that could play 100% providing liquidity with high frequency and huge volume, what is the best avenue ?
Theoretically, this algo can trade 1-2 years monthly
Previously,i thought it would fit as a retail algo but now i figured out that this type of algo might fit more in the HFT MM category.
I have little knowledge about this arena.. However, when i talked with LMAX exchange, they said they did not pay any rebates for such activity. but they lower their commission structure aggressively to reach 10$/m. Taken into consideration , the pure target for MM is to win spread or rebate, with this commission, i believe it is impossible.
What do you think in general?.
What is the most suitable avenue to trade such thing?.
What is the fair deal i should expect?.
Thanks