What is it?
High-frequency trading (HFT) is a fast, automated trading method that executes rapid fire trades in a manner of even seconds.
Why can’t I do it?
HFT often results in hundreds of orders being sent out in minutes, sometimes even less. If we allowed traders to use HFT methods at our firm, it could create data instability for all users. Lucid Trading cannot sacrifice the user experience for all traders to allow HFT.
What happens if I do it?
We have put in place automatic risk management systems to identify HFT activity. The first offense you will receive a written warning and all profits from HFT will be removed. If this activity persists, the accounts will be closed, profits will be forfeited, and you will be restricted from using our services permanently. You may request an appeal if you believe the activity has been misidentified.