> Show HN: High-Frequency Trading...
> currently for Binance Futures and Bybit
There is no high-frequency trading in the cryptocurrencies world. It's medium frequency trading at best.
These cryptocurrencies exchanges (really broker+exchange mixed as one) aren't serving the data feed anywhere near quickly enough nor executing orders quickly enough to approach HFT.
Firm doing HFT are co-locating near the exchange and using direct data feeds, at times using algorithms running on FPGA. Stuff like that.
There is no high-frequency trading in the cryptocurrencies world. It's medium frequency trading at best.
These cryptocurrencies exchanges (really broker+exchange mixed as one) aren't serving the data feed anywhere near quickly enough nor executing orders quickly enough to approach HFT.
Firm doing HFT are co-locating near the exchange and using direct data feeds, at times using algorithms running on FPGA. Stuff like that.
That's HFT.
What's shown for Binance/Bybit is simply not HFT.