How HFT Is Conquering Emerging Markets
More international exchanges want to grow for this extra volume
The major emerging players are now a big deal, especially Brazil and Russia, where HFT markets are well established. “You can’t skip over them,” says Danielle Tierney, an analyst at the Aite Group, a Boston-based market research outfit. “If you’re a large HFT trading firm, they’re as important as London, Singapore and New York.”…
Elsewhere, the HFT trading volume in Russia is 36 percent of equities and 40 percent of derivatives; in Brazil, it’s 21 percent in equities and 18 percent in derivatives.
http://www.ozy.com/fast-forward/how-high-frequency-trading-is-conquering-emerging-markets/71947
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