HFT firm Potamus Trading shut down its trading business in January 2018 to work as a broker-dealer for asset managers.
The former, which often handles a large contingent of Main Street money, is not typically the most innovative with technology. It's slower moving in the markets and interested in long-term investments. Potamus Trading shuttered its proprietary HFT business in January 2018, shifting its strategy and expertise to focus solely on serving asset managers as a broker-dealer.
As an example, if a client wanted 10,000 shares of Apple, Potamus might buy 50,000 shares and sell 40,000 shares in the process of filling the order. Doing so allows Potamus to fly under the rader. It's also worth noting the broker does no internal trading of its own, thereby eliminating any concerns clients might have about Potamus using information from its clients' orders to benefit its own trading strategies, Linnell added.Barclays is revamping how it trades stocks as it welcomes in the 'golden age for electronic trading'
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
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