hft; what are the facts?, page-14

radioactivewhale,

> with regards to BOTs guys they are everywhere. 30% of our
> market volume is now HFT robots. All volumes around the
> world are low to new market conditions.

I very much doubt that 30% figure - in fact nobody has the data to tell. Something I'm working on right now :)

> Insto now can exchange trades in dark pools behind the ASX
> hence the reason for the increase in dark pools around the
> worls and world record low volumes.

Lit market execution has not dropped, despite what you might read. What's happened is broker crossings have moved to dark pool - so one type of offmarket has moved to another type.

See http://afr.com/p/markets/capital/ambitious_cba_backs_dark_pools_fast_QPfm4QU0sJIFK3cBAV4STM

> With new market regulations HFT and dark pools are the
> new cool things to get round regulations which have
> been set since GFC by regulators which are really
> protecting these new tactics.

True in the US, but can't see that angle here in Aus.

HFT have tricks they use against the rest here for sure, but they are very slight compared with the US.

> Its destroying markets world wide and will get worse.

I doubt that, the fightback is happening..!