Story continues below Advertisement
High-frequency trading firms on January 18 were active in Zee Media, South Indian Bank, and National Fertilisers Limited, making quick bucks by flipping trades in seconds. While South Indian Bank touched a 52-week high, Zee Media closed higher.
High-frequency trading firms (HTFs) – or algo firms on steroids –use complex algorithms and powerful computers to execute trades at lightning speeds. These firms typically try to capture the spread between the spot and futures prices, but recently they have been active…
Read More…