Available guide on building an algorithmic high frequency trading business

Hello All,

I wish to learn what are the required steps toward running a small algorithmic (high frequency) trading business / hedge fund

If there is available guide that covers all aspects* I would very much appreciate if you could refer me to it.

As we are not familiar enough with the trading we will of course need a high frequency trading pro. with us;

Thanks in advance !!

VS1

* frequencies, commissions, suitable hardware & software etc

Have you got a minimum of $500,000?

That's probably what you need to get involved in HFT, and probably far more.

Might be able to raise

Bear in mind what the competition is doing and spending and then work out if you can compete.

The better HFT companies are probably spending in excess of $5million a year on research/technology/programmers etc.

So a new kid comes along, who has no experience of HFT, with $500k-$1million total. But with only so much potential profit to go around, who's probably going to get it?

Not always true, depends on how clever the kid is. There's definitely still room for somebody smart to come along and get a slice of the pie.