Max Dama on HFT: Millisecond Algos and Bid/Ask Dynamics — Manifold #92

Max Dama is the co-chairman of Headlands Technologies LLC, a global quantitative proprietary trading firm headquartered in Chicago, with offices in New York, Austin, London, Amsterdam and Singapore. He earned a B.A. in Mathematics, Statistics, Computer Science, and Business from the University of California, Berkeley.

A generation of quants know Max through his notes on automated trading and on interview brain teasers.

https://work-in-progress.notion.site/Max-Dama-s-Brainteasers-Study-Guide-WIP-9eb1f4b692f241d894462ddf1ab34617

http://isomorphisms.sdf.org/maxdama.pdf

Steve and Max discuss:

• (00:00) - Introduction

• (01:18) - Max Dama's Early Life and Education

• (02:19) - Journey into Trading and Career Development

• (06:56) - The High-Frequency Trading Industry

• (26:42) - Academic Foundations for Trading

• (27:50) - Computer Science in Trading

• (28:57) - Insights into the Trading Industry

• (35:49) - AI and the future of HFT

Audio-only version and transcript:

https://www.manifold1.com/episodes/max-dama-on-hft-millisecond-algos-and-bid-ask-dynamics-92