Larry Hite, the prototype of the modern high-frequency trader

Larry Hite ranks high among investors who actively outlines upcoming landscape trading system back in the 1980s. Larry Hite is the founder of Mint Investment Management Company and gently turns it into the largest and most influential intermediary in the trade of goods in 1991

Not surprisingly, Hite is often asked to disclose their secrets of success, and one thing he constantly emphasizes is the need for diversification and the use of most modern technologies. Diversification is a means to reduce the risk inherent in trading. Technology in the form of computerization, largely eliminates the human error component in analyzing the data.

Even in 1986 heavily relies on computer modeling to get an idea of ​​futures trading in national and international markets.

Over time, he built a system that determines a constant investment behavior of people as commodity prices change. This simple process ensures not only clear means to predict future movements, but it provides quite a significant advantage when it comes to sales of goods just before they lose a significant percentage of its value.

Hite never deviate from this strategy, and the computers and programs are becoming more common, it upgraded its software to stay on top of business.

Currently modern software used for HFT, because Larry Hite can be called a prototype of the modern high-frequency trader.