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High-frequency trading (HFT) is an automated system where powerful computer programs execute a vast number of orders at extremely high speeds. These HFT strategies involve rapid analysis of market data and swift order placement to capitalize on very small, fleeting price discrepancies, often for a fraction of a second. The goal of high-frequency trading firms is to profit from these tiny price movements, using complex algorithms for ultra-fast trading. This kind of algorithmic trading utilizes advanced computational tools and powerful infrastructure to gain a speed advantage in financial markets.