In recent years, advances in telecommunications, computing capacity and financial software platform capabilities have seen huge growth in the field of High Frequency and Algorithmic Trading (now accounting for over 70% of all equity trades placed on US exchanges and in excess of 77% in the UK). HFT firms (which can often make more than 80 million trades in a single day……F%$K ME) often enter and exit trades in thousandths of a second, and are conservatively estimated to generate at least $21billion in profits every year.
To get under the skin of the world of high frequency trading, AllAboutAlpha.com interviewed Arzhang Kamarei. Mr. Kamarei is a Partner at Tradeworx, a quantitative investment management firm with expertise in high-frequency and medium-frequency equity market-neutral strategies. He co-founded Thesys Technologies, a Tradeworx subsidiary, in early 2009 to address the growing technology needs of high frequency traders.