HFX is the version of Forex known as high frequency forex trading. Trading at a high frequency, high frequency forex trading is a kind of algorithmic trading that uses high-frequency financial data and electronic trading tools to achieve fast speeds, high turnover rates, and high order-to-trade ratios. While there is no one definition of HFT, extremely complex algorithms, specific order types, co-location, very short-term investment horizons, and significant order cancellation rates are all essential characteristics. It is the fast trading of securities using advanced technical instruments and computer algorithms.
On top of that, investors also need to think about : Is HFX trading worth it?