Bitcoin Attracts Opportunity Seeking High-Speed Traders

Bitcoin has taken the world by storm this past year, with gains of more than 700 percent since the beginning of 2017. This, of course, has made both investors and the public sit up and take notice.

When you see these types of gains in under 12 months, people wake up to the fact that there may be an opportunity for them to realize some significant profits.

In recent years, high-speed trading has revolutionized all types of markets, including foreign exchanges, equities, and futures.

High-speed trading is the process of using advanced algorithms to take advantage of price movements that have been caused as a result of larger institutional trades. They rely on ultra-fast decisions making and execution in order to profit.

It seems as if they are now getting involved with the world of bitcoin and cryptocurrencies in general as they obviously see continued potential for profit making.

The five largest electronic trading companies in the world have already gotten involved with trading bitcoin.

The main parties involved being Hudson River Trading, Tower Research Capital and Jump Trading who have recently gotten involved with cryptocurrency trading, as well as DRW Holdings and Susquehanna International Group who have been involved with the trading of digital currencies since 2014.

These two trading companies, in particular, have gotten quite a headstart on the rest of their competition and have no doubt been reaping the benefits to date.

These firms specialize in making trades in a matter of milliseconds, but after some initial success when these algorithms were initially introduced, lower levels of volatility and trading volumes have led to profits falling, which has led them to look for new opportunities…

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