As Asness Proclaims His Love For High Speed Trading, Are Issues Ignored?

HFA Padded
Mark Melin
Published on
Updated on

Investment management magnate Cliff Asness has a problem with a Bloomberg View piece on High Frequency Trading (HFT) with particular focus on issues brought up by Michael Lewis in the book Flash Boys. While he makes good points, the real mastery of the HFT debate is how the key issues remain undiscussed.

As Asness Proclaims His Love For High Speed Trading, Are Issues Ignored?

Cliff Asness notes trading costs have significantly declined

In his rebuttal article, Why...

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.