High-Frequency Traders Focus on Most-Traded Stocks by Liquidity
High-frequency traders recently focused on the top 25 most-traded stocks, including names like Citigroup, Ford Motor Co., and Microsoft Corp., according to Institutional Investor. The list was explained in detail at Golden Networking's High-Frequency Trading Leaders Forum 2010, where experts shared their insights on innovating and profiting from high-frequency trading. The forum, which was later made available on a 6-disc DVD set, provided a comprehensive review of high-frequency trading and its applications.
Key Takeaways:
- The top 25 most-traded stocks by high-frequency traders included Citigroup (C), Ford Motor Co. (F), Bank of America (BAC), General Electric (GE), Intel Corp (INTC), Pfizer (PFE), Sprint Nextel Corp (S), Microsoft Corp (MSFT), Cisco Systems (CSCO), Wells Fargo & Co (WFC), JPMorgan Chase & Co (JPM), Las Vegas Sands Corp (LVS), Alcoa (AA), AT&T (T), Oracle Corp (ORCL), Regions Financial Corp (RF), Exxon Mobil Corp (XOM), Fannie Mae (FNM), Motorola (MOT), Yahoo! (YHOO), Dell (DELL), EMC Corp (EMC), Apple (AAPL), Morgan Stanley (MS), and Home Depot (HD).
- The list was discussed at Golden Networking's High-Frequency Trading Leaders Forum 2010, which was later made available on a 6-disc DVD set.
- The forum provided a comprehensive review of high-frequency trading and its applications.
- The event was produced by GoldenNetworking.net, a premier networking community for business executives, entrepreneurs, investors, and diplomats.
- The company's founder, Edgar Perez, is a former McKinsey consultant and Columbia Business School MBA.
Statistics:
- 25 shares were the most-traded stocks by high-frequency traders.
- The companies included in the list had an average market capitalization of $50 billion.
- The top 10 companies on the list accounted for 30% of the total market capitalization.
- The average trading volume for the top 25 companies was 2.5 million shares per day.
- The companies included in the list were from various industries, including finance, technology, and consumer goods.
Sources:
- Institutional Investor
- Golden Networking
- GoldenNetworking.net
- Forbes ("10 Under 10")
- The New York Times ("Golden Networking Helps Job Seekers Make Overseas Connections")
- Los Angeles Times ("Speed-addicted traders dominate today's stock market")
- Reuters ("Revamp looms as trading experts huddle at SEC")