Available guide on building an algorithmic high frequency trading business

[vs1]

Hello All,

I wish to learn what are the required steps toward running a small algorithmic (high frequency) trading business / hedge fund

If there is available guide that covers all aspects* I would very much appreciate if you could refer me to it.

As we are not familiar enough with the trading we will of course need a high frequency trading pro. with us;

Thanks in advance !!

VS1

* frequencies, commissions, suitable hardware & software etc

 

[anley]

Have you got a minimum of $500,000?

That's probably what you need to get involved in HFT, and probably far more.

 

[vs1]

Might be able to raise

 

[anley]

Bear in mind what the competition is doing and spending and then work out if you can compete.

The better HFT companies are probably spending in excess of $5million a year on research/technology/programmers etc.

So a new kid comes along, who has no experience of HFT, with $500k-$1million total. But with only so much potential profit to go around, who's probably going to get it?

 

[gluino]

Not always true, depends on how clever the kid is. There's definitely still room for somebody smart to come along and get a slice of the pie.