Ready for HFT incubators

So is the high-frequency trading movement for real? You bet it is. And some expect to see more dedicated high frequency trading shops crop up. But exactly how will this happen? The environment for hedge fund start ups in general is a bit tasking right now.

A hedge fund aiming to do nothing but high frequency trading might have trouble getting off the ground--which spells opportunity for Trading Cross Connects, an incubator of high frequency trading teams based in New Jersey. It has announced its first incubated team--a London-based firm--is now up and running. It basically offers a one-shop turnkey solution, one that apparently will connect the trading firm with a prime broker. According to FINalternatives, TXC plans to incubate five teams in 2010 and is in talks with several traders seeking to establish their own firms.  

For more:
- here's the article 

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