The need for speed

One out of every two money management job vacancies listed in October 2008 on the finance recruiting site was a search mandate for "high-frequency trading" professionals. A rush for a specific job category in the middle of the worst crisis since the Great Depression is unusual, particularly when most companies are enacting hiring freezes.

The reason for the hiring spree in the high-frequency field is simple: high-frequency trading is capable of generating money in all ma

To continue reading...