Massimiliano Fiano is a Well-Known Hedge Fund Manager Who Has Worldwide Experience in the Financial Consulting Business.
MIAMI, August 25, 2017 (Newswire.com) - In the present, he is working as a currency analyst and commodities trader. He guides and provides insight to firms and individuals all over the world. One of his biggest achievements is creating a system based on a series of algorithms that enables almost everyone to get into the trading world with no previous knowledge necessary.
His High-Frequency Trading Program (HFT) is capable of working independently and follows a strategy that focuses on low-risk trades. Back in 2001, Massimiliano Fiano started working on his High-Frequency Trading Program. His goal was to create a software that can run independently in the background. As years passed by, the software was perfected, and now the users can enjoy daily returns up to 4% while minimizing risks.
Massimiliano Fiano admits that his system is nothing new. However, what makes his software unique is the idea that anyone can use it. No previous knowledge is needed before using the software. The HFT works truly independently and executes everything with no interventions necessary, unlike most trading programs which do move work equally fast but require experienced users.
Massimiliano Fiano managed to create a software that analyzes the markets and works on autopilot. This is what makes his system revolutionary. There are many exchange markets that began to offer incentives to companies that allow trading. This process accelerated in 2008 when the Lehman Brothers collapsed. As time went by, the High-Frequency Trading Program became more popular and started to influence the direction of the market.
One key advantage of this system is the fact that the liquidity and the market have improved by eliminating some of the fees that were too small to make a difference. In Canada, where the government started charging fees for Fiano’s system as part of an experiment, there was a 9% increase in bid-ask spreads. The system wasn’t spared by critics, however, since all the decisions are made automatically. Plus, it’s based on algorithms rather than human interactions.
The influence of this system on the market became clear when the Dow Jones Industrial Average (DJIA) experienced a 10% decline within less than half an hour. Even though everything returned back to normal soon after, the cause of the pellicular change in the market was a huge ordeal, which only reinforces the idea that this type of trading makes the trading world more volatile. What makes the HFT program work so well? The secret is the speed at which the decisions are being taken.
The model is based on a series of complex algorithms and mathematical calculations and fast transactions, which are key in HTF trading. Because of the decreased decision time of Fiano’s system, his program can beat manual traders. It's able to monitor several markets at the same time and predicts the right time to make a move.
At its core, the system is based on a series of analytics that spot increases and decreases in prices. The HFT market moves very fast. Prices change within minutes. But with Fiano’s system, you can experience large profits because the software makes quick moves too.
Fiano does warn that sometimes even a system as accurate as the HFT can fail at determining if a stock will recover or not. However, this program is the fastest of its kind, and it can be utilized by users who don’t want to stay glued to their computers.
The creator of the program also warns that for the HFT to work the user needs strong computers since the system needs to make decisions quite fast. All in all, Fiano's system makes the HFT trading world accessible to everyone, even to users who don't have the knowledge or the time to make decisions manually.
Source: Massimiliano Fiano