Lightning fast futures

摘要

The May 6 flash crash has created a firestorm of criticism against so-called high-frequency traders and direct access algorithms, but the real debate for brokers and exchanges is balancing the need for speed and safety.rnDirect market access is a technological innovation that arrived on the scene as a way to speed up the execution of trades. Fueled by traders' demands to adopt another cutting edge trading innovation, high-frequency trading (HFT), direct access shaves off inefficiencies from the traditional broker execution process.