They’re The World’s Fastest Traders. Why Aren’t They Thriving?
- Soul-searching speed traders seek new income in quiet markets
- ‘Outside the box’ thinking is required, one HFT exec says
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High-speed traders have hit the wall.
Even as critics of high-frequency firms have argued their speed and technology give them an unfair advantage, the traders are facing diminishing returns. For one thing, there’s been relatively little turbulence in this bull market, a challenge for high-frequency traders and other market makers because it restrains volatility and trading volume, curbing their profits.