Traders prepare for HFT shift into emerging markets

globe china renminbi

The effects of high-frequency trading (HFT) on developed foreign exchange markets have been well-documented in recent years, but signs of HFT are now also beginning to appear in emerging markets as improving infrastructure and liquidity attracts high-frequency players as a viable alternative to G-10 currencies, where increased regulation and compressed spreads have made it tougher to generate returns.

"We've seen a couple of machines being turned on in spot offshore renminbi (CNH) – we notice it