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Employment in Innovation and Technology Spheres:  Working For HFT

“Every job in some way, produces, supplies, consumes, or relies on innovation, creativity….”

David Kappos, former Under Secretary of Commerce

IP intensive industries support at least 40 million jobs in the US and contribute more than $5 trillion to the U.S. gross domestic product (GDP)

More than 25% of all jobs in the U.S. were either directly or indirectly attributable to IP-intensive industries.

This amount contributed to the U.S. economy represents over 33% of GDP.

The HFT industry supplies career opportunities for graduates in the fields of computer science, mathematics, statistics, physics, and engineering, as well as other industries including fiber-optics, cable, satellites, among others.

Interested in a career in HFT? Please email HFTCareers@modernmarkets.org to learn more.

“Numerous studies – including the recently released UK Foresight HFT project – have shown that transaction costs for both retail and institutional traders decreased substantially with the growth of high-frequency trading."

Larry Harris, former sec chief economist

Financial Times, December 27, 2012

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