The honesty posture
Every technique carries a status: ∞structural still terrain, ◆still alpha a real but narrow edge, ≈commoditised an arms race with the margin competed out, or †dead gone or unlawful, and a review date. When an edge is gone, we say so up front. The 2026 status and that honesty are the whole point; stale guidance is worse than none.
What we cite
Named models with authors and years: Avellaneda–Stoikov (2008), Almgren–Chriss (2000), Glosten–Milgrom (1985), Kyle (1985), Roll (1984), Lee–Ready (1991), Engle–Russell (1998), Stoikov’s microprice, plus exchange specifications and regulator texts (Reg NMS, MiFID II, MAR). The specificity is the credibility.
What we sell
Nothing yet. The content – every concept, hub, glossary entry, interactive and the map – is free forever, with no gate. The only thing we’ll ever charge for is future infrastructure (datasets, harnesses, reference code), and that’s a waitlist today. Never signals, never a paywall, never advice.
Who publishes this
HFT Book is published by DT Global Ventures Ltd (CRN 16042336, VAT GB480044905), 3rd Floor, 86-90 Paul Street, London, England, EC2A 4NE. There is no social proof here: no testimonials, no user counts, no “trusted by” logos. The proof is the interactives, the canon we cite, and the free sample dataset.