Most ultra low latency trading strategies are intimately related to the technology platform. Here's an example strategy:
Most platforms slow down when there is an influx of orders into the market. Some are designed to force events during the process (which allows for action while prices move, but the prices may be stale) and others are designed to process all feed messages before forcing an event (which ensure prices are more up-to-date but doesnt allow you to make a trade earlier)
Suppose you are betting that this represents a market rally or collapse (directional). Then, you can make money by figuring out the direction of the move (aggressive processing of the first few messages in a burst) and get involved before every other system catches up in the feed.
Now, it would be very hard to imagine a non-developer having enough of an understanding of the technology to devise this strategy. Not all examples are so obvious, but many microstructure strategies depend on some understanding of the technologies involved
Most platforms slow down when there is an influx of orders into the market. Some are designed to force events during the process (which allows for action while prices move, but the prices may be stale) and others are designed to process all feed messages before forcing an event (which ensure prices are more up-to-date but doesnt allow you to make a trade earlier)
Suppose you are betting that this represents a market rally or collapse (directional). Then, you can make money by figuring out the direction of the move (aggressive processing of the first few messages in a burst) and get involved before every other system catches up in the feed.
Now, it would be very hard to imagine a non-developer having enough of an understanding of the technology to devise this strategy. Not all examples are so obvious, but many microstructure strategies depend on some understanding of the technologies involved