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Total Posts: 830
Joined: Jun 2005
Posted: 2019-10-31 11:11
Lame question I ask myself:

Given all this trading algo space with main categories (do we have more?)
MM - LOB dynamics,
(stat) arb - relative value
momentum - predicting the future

can I base my strategy entirely on signal from the market I trade on? i.e. not involving anything from other (reference) markets?

EDIT: I contradict myself, because stat.arb involves referencing. Also latency arb is about referencing too.
Perhaps, order execution on micro level uses only local info.

So, to summarize, the question is about the usability of local (within matching engine) vs non-local (global) info.
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