An Angry Sugar Trader Shares His Frustration With The Incursion Of HFT Algos On The ICE | zero hedge. If you think algos gone wild in stocks is bad, just wait until you see what happens when the same feedback-loop generating robots start frontrunning and churning all cotton, sugar, and other commodity contracts. According to this trader, this has already happened. Next up: plunging liquidity, and surging volatility, just in time for commodity prices to find that extra computerized "oomph" as they explode in expectation of Bernanke's reflation experiment gone wild to blow all fair value concepts to smithereens. An Angry Sugar Trader Shares His Frustration With The Incursion Of HFT Algos In The ICE Submitted by reader Menji In the days before electronic trading, when commodities were traded open-outcry in trading pits, floor brokers kept spread and flat-prices in line as part of their day’s work – offering and bidding one month against another depending on the spread orders they were working.
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