Adam Moszczynski is a former winner and later organizer of this competition. He is now an Energy Trader at Mitsui Bussan Commodities.
Topic: Trading without an Order Book
HFT and many trading models/strategies expect continuous liquidity and visible prices. But in Power markets, neither is guaranteed. I'll walk through some of the biggest differences between the HFT world, the competition, and what I do now. I'll cover how price discovery works, how to think about risk when exiting isn't always possible, and what signal even looks like in a market with long pauses. Based on my experience working with SHIFT throughout school and moving to a broker-driven market.