By Jason Voss, CFA
Maureen O’Hara, professor of finance at Cornell University, and member of the Systemic Risk Council has a warning to traditional investment managers, i.e., low frequency traders (LFT): High-frequency trading (HFT) is now the norm, and it is not going away. Continuing to pretend that HFT has no effect on your investments and on your alpha is at best naïve and at worst ignorant. Need proof?
Read the article...
Maureen O’Hara, professor of finance at Cornell University, and member of the Systemic Risk Council has a warning to traditional investment managers, i.e., low frequency traders (LFT): High-frequency trading (HFT) is now the norm, and it is not going away. Continuing to pretend that HFT has no effect on your investments and on your alpha is at best naïve and at worst ignorant. Need proof?
Read the article...
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