High Frequency Trading, Flash Orders Explained (Videos + Articles)

I provided a collection of news articles and video interviews regarding the high frequency trading/flash orders debacle. First of all props to ZeroHedge for bringing up the issue a few months back. Here are Google search links of "high frequency trading flash orders" on Zero Hedge.com and Zerohedge.blogspot.com. Here's a recent post out of ZeroHedge: Is The SLP The NYSE's Answer To Direct Edge's "Advance Look" Enhanced Liquidity Provider Program Or You Trade You Lose, You Trade Goldman Wins (link) and Direct Edge CEO Redirects Flash Anger Back To Exchanges (link). If firms are using flash orders to front run trading activity it is bullshiz. Senator Schumer challenged flash orders recently and Mary Shapiro talked about HFT on CNBC.


LiquidNet CEO On Flash Orders (Bloomberg)


The Dash To Flash (Financial Times)
Nasdaq, BATS to "voluntarily" stop flashing orders (Reuters)
NYSE Euronext Seen Gaining Market Share As Rivals Drop Flash (WSJ)
Nasdaq, BATS To Withdraw Flash Order Types (WSJ)
SEC to Ban Flash Trades of U.S. Stocks, Schumer Says (Bloomberg)
Flash Trading Reversal at SEC May Hit Direct Edge (Bloomberg)
S.E.C. to Seek Ban on Flash Orders, Schumer Says (NYT)
SEC Ban on Flash Orders Coming, says Sen. Schumer (Traders Magazine)

Here are a bunch of videos from CNBC and Bloomberg with pros in the high frequency trading biz arguing the merits of HFT. The first is an argument between Joe Saluzzi of Themis Trading and Irene Aldridge of Able Alpha Trading on CNBC. By the way he has 3 white papers out.

1)Why Institutional Investors Should Be Concerned About High Frequency Traders
2)Where Has All The Volume Gone?
3)Toxic Equity Trading Order Flow on Wall Street






Joe Saluzzi on Fox.






DirectEdge CEO chimes in...






Karl Denninger (market-ticker.org) on high frequency trading..






Interview with Former NASDAQ Chairman Alfred Berkeley (Bloomberg Video)






Something is FISHY here folks.. Here are a bunch of other articles collected over the months, some might be repetitive. If you have a video with a better HFT analysis send me the embed code @dvolatility or email.

Stock Traders Find Speed Pays, in Milliseconds (NYT)
Schumer Calls For Ban On High-Frequency Trading (BusinessInsider)
Schumer Presses SEC for Ban on ‘Unfair’ High-Frequency Trades (Bloomberg)
Schumer Wants to Curb Traders' Flash Orders (NYT)
High-Frequency Trading Faces Challenge as Schumer Presses SEC (Bloomberg)
UPDATE 3-Sen. Schumer warns SEC on "flash" stock orders (Reuters)
Hurrying Into the Next Panic? (NYT)
Demystifying High Frequency Trading (Green Faucet)
What's Behind High-Frequency Trading (WSJ)