HFT-like Trading Algorithm in 300 Lines of Code You Can Run Now

Commission Free API Trading Can Open Up Many Possibilities

Alpaca provides commission-free stock trading API for individual algo traders and developers, and now almost 1,000 people hang around in our community Slack talking about many different use cases. Among other things, like automated long-term value investing and Google Spreadsheet trading, high-frequency trading (“HFT”) often came up as a discussion topic among our users.

Is High-Frequency Trading (“HFT”) That Special?

Maybe because I don’t come from a finance background, I’ve wondered what’s so special about hedge funds and HFTs that those “Wallstreet” guys talk about. Since I am a developer who always looks for ways to make things work, I decided to do research and to figure out myself on how I could build similar things to what HFTs do.

I am fortunate to work with colleagues who used to build strategies and trade at HFTs, so I learned some basic know-how from them and went ahead to code a working example that trades somewhat like an HFT style (please note that my example does not act like the ultra-high speed professional trading algorithms that collocate with exchanges and fight for nanoseconds latency). Also, because this working example uses real-time data streaming, it can act as a good starting point for users who want to understand how to use real-time data streaming.

The code of this HFT-ish example algorithm is here, and you can immediately run it with your favorite stock symbol. Just clone the repository from GitHub, set the API key, and go!

https://medium.com/automation-generation/hft-like-trading-algorithm-in-300-lines-of-code-you-can-run-now-983bede4f13a

AWS Lambda And Python Boto3: To Bundle Or Not Bundle With Your Function

In the engineering world a lot of our practices, even at times our best practices, are often just common wisdom passed along from one person to another. With Stack Overflow, Slack, and even Twitter, it’s easier today than it ever was for ideas to propagate. However, a lot of what passes for common wisdom is really just widely held opinions. And nothing says common wisdom has to be right. Where I ran into this distinction recently was with Python’s Boto3 modules (boto3 and botocore) and whether or not I should bundle them with my AWS Lambda deployment artifact.

Recently I found out the common wisdom I’ve adhered to was wrong. (Yes, someone on the internet was wrong.) Like many people, I use the Boto3 modules provided by the AWS Lambda runtime. However after talking with several folks at AWS I discovered, you should not be using the AWS Lambda runtime’s boto3 and botocore module. And you shouldn’t use botocore’s vendored version of the requests module whether no matter what instance of botocore you are using. I’ll explain how I found this out and explore why more than just me have probably gotten this best practice wrong.

https://www.serverlessops.io/blog/aws-lambda-and-python-boto3-bundling