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148: John Grady – The Order Book—What Traders Must Know About Supply and Demand

Chat With Traders

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How High Frequency Trading Affects the Order Ball

I feel as though it's some people are probably quite upset if I don't ask you a few questions around high frequency trading. The speed is the number one problem today compared to 15 years ago or 10 years ago even less than that, he says. If there was an order of let's say a thousand on the bid and I was looking to go short if that order uh was getting hit well what happened is you could actually see the bids giving way. Back then back then now i'm only getting five to seven trades that would be 12 or 14 back then now  it's just not there to be had do because it's so much volume we can't get away with anything anymore

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