Market-related software and analytic systems provider HCMI has launched HFT Alert, a real time software designed to detect high frequency trading (HFT) and algorithmic trading systems. The software can spot when these trading systems are running and what stocks are being affected.
It can also identify several types of algorithms as well as stocks experiencing higher quote rates associated with algorithmic trading. Features of HFT Alert include symbol lists, audio alarms, color alerts and graphs that show the overall level of algorithmic activity across all exchanges.
Click here for the release from Business Wire.