Game of Spreads: How to Build Better Trading Algos With Game Theory
By Eunice Xu, APAC AES Coverage, Credit Suisse
Source: tradersmagazine.com
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By Eunice Xu, APAC AES Coverage, Credit Suisse
The venue matches counterparties using mathematical optimization.
Abstract. The high-frequency trading arms race is a symptom of flawed market design. Instead of the continuous limit order book market design that is currently