HFT Strategies

High-frequency strategies typically involve market making, arbitrage, or execution algorithms that rely on speed and scale.

Market making

Quoting bid and ask on one or many instruments and earning the spread while managing inventory risk. HFT market makers update quotes in response to order flow and market data at microsecond speed.

Arbitrage

Exploiting price differences across venues (cross-venue arbitrage), between related instruments (statistical arbitrage), or across time (latency arbitrage). Requires fast data and execution to capture fleeting opportunities.

Execution algorithms

TWAP, VWAP, implementation shortfall, and smart order routing to minimize market impact and execution cost. Often combined with real-time alpha signals for execution timing.