High-frequency trading in Paris

What is the high-frequency trading market like in Paris?

Paris is a secondary centre for high-frequency trading, with demand concentrated in a smaller set of desks. High-frequency trading captures very short-lived pricing edges by being faster than competitors to observe and act. The edge is largely engineering: network path, kernel bypass, and increasingly FPGA implementation of the decision hot path. Typical holding horizon is microseconds to seconds, hiring concentrates on hft / low-latency engineer, quant trader, quant researcher, and 3 of the firms we track run a Paris desk. Pay sits at roughly 68% of the New York benchmark for the equivalent role and seniority, quoted in EUR.