According to e-forex, as the algorithmic trading market continues to develop and become more accepted in the mainstream, we are more likely to see even the most vanilla of traders using their own customized algorithms rather than the commoditized products available off the shelf. "The mainstream FX traders may not have the time, funding, expertise or effort to develop algorithms. Even at the high end where high frequency traders are looking to develop their own algos and typically use brokers as a pipe, they are looking for an easy-to-use incubator for proving ideas before engaging in full blown development. This is what we saw in the equities market where it started with a 'their algo-our pipe' approach. In time, however, the traders recognized that we brokers are more adept at understanding the idiosyncrasies and microstructure of the market."
According to Jeff Grossman, head of sales at Baxter FX, customizing the algorithms is the only way to keep pace with the general fragmentation in the market and the mutation of liquidity. "They must consider the importance of any proprietary information and also reflect on what the true cost of developing in-house will be. In terms of considering the involvement of a provider they must look at the benefit of support and the ease at which it might be given as well as the reduction in time to market."
High-Frequency Trading Experts Workshop DVD Video Package is produced by Golden Networking, the premier networking community for business executives, entrepreneurs and investors. Upcoming Golden Networking's Forums and Business Receptions include:
• The Speed Traders Workshop 2011 Sao Paulo, "The Present and Future of High-Frequency Trading" (http://thespeedtradersworkshopsaopaulo.eventbrite.com), February 1, 2012, Sao Paulo
• High-Frequency Trading Leaders Forum 2011 Sao Paulo, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World" (http://hftleadersforumsaopaulo.eventbrite.com), February 1-3, 2012, Sao Paulo, Brazil
Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders and Experts Forums, including:
• High-Frequency Trading Experts Workshop DVD Video Package, "Practical Implementation of High-Frequency Trading Strategies",
• 2nd China Leaders Forum DVD Video Package, "Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?", http://www.ChinaLeadersForum.com
• Distressed Investing Experts Forum 2010 DVD Video Package, "Analyzing and Valuing Distressed Companies, Securities and Real Estate", http://www.DistressedInvestingExpertsForum.com
• Derivatives Leaders Forum 2010 DVD Video Package, "Strategies for Increasing Profits under an Evolving Regulatory Framework", http://www.DerivativesLeadersForum.com
• High-Frequency Trading Leaders Forum 2010 DVD Video Package, "Innovating and Profiting from High-Frequency Trading in 2010 and Beyond", http://www.HFTLeadersForum.com
• Hedge Funds Leaders Forum 2010 DVD Video Package, "Generating Alpha in Challenging Times", http://www.HedgeFundsLeadersForum.com
• High-Frequency Trading Experts Forum 2010 DVD Video Package, "Starting and Running a High-Frequency Trading Operation", http://www.HFTExpertsForum.com
• Distressed Investing Leaders Forum 2010 DVD Video Package, "Extraordinary Opportunities Investors Cannot Afford to Pass", http://www.DistressedInvestingLeadersForum.com
• China Leaders Forum 2009 DVD Video Package, "Addressing the Challenges Posed by the Present Wave of Chinese Globalization"
• Distressed Investing Leaders Forum 2009 DVD Video Package, "The Most Comprehensive Guide for Any Investor in Distressed Assets", http://www.DistressedInvestingLeadersForum.com
Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to. Golden Networking has been frequently featured in the press, including recent articles in The Wall Street Journal, "Happy Hour for High-Frequency Trading", The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections"
# # #
Golden Networking is the premier networking community for business executives,
entrepreneurs and professionals, to experience what is new and next. They are treated to
exclusive industry-wide Leaders and Experts Forums, Experts Workshops,
Business Receptions and Professional Nights, which have been featured in the business and
Golden Networking provides company owners and business executives a platform to expand
their firms' revenues through networking, introduction to key players and sponsorship of our
functions. There is virtually no individual or company in any industry or country in the world
that can't be reached through Golden Networking's extensive Rolodex, aptly referred as
America's Ultimate Networker organization.