{"id":13670,"date":"2026-08-18T19:48:47","date_gmt":"2026-08-18T19:48:47","guid":{"rendered":"https:\/\/bjftradinggroup.com\/?page_id=13670"},"modified":"2026-08-19T15:05:58","modified_gmt":"2026-08-19T15:05:58","slug":"research","status":"publish","type":"page","link":"https:\/\/bjftradinggroup.com\/vi\/research\/","title":{"rendered":"Nghi\u00ean c\u1ee9u"},"content":{"rendered":"

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Nghi\u00ean c\u1ee9u c\u1ee7a BJF Trading Group<\/span><\/h1>\n

C\u00e1c b\u00e0i nghi\u00ean c\u1ee9u v\u1ec1 ho\u1ea1t \u0111\u1ed9ng kh\u1edbp l\u1ec7nh c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi, giao d\u1ecbch ch\u00eanh l\u1ec7ch \u0111\u1ed9 tr\u1ec5, ki\u1ebfn tr\u00fac HFT v\u00e0 c\u1ea5u tr\u00fac vi m\u00f4 th\u1ecb tr\u01b0\u1eddng c\u1ee7a Boris Fesenko, ng\u01b0\u1eddi \u0111\u00e3 ph\u00e1t tri\u1ec3n ph\u1ea7n m\u1ec1m kh\u1edbp l\u1ec7nh t\u1eeb n\u0103m 2000.<\/p>\n<\/p><\/div>\n

\u0110\u00e2y l\u00e0 th\u01b0 vi\u1ec7n nghi\u00ean c\u1ee9u c\u1ee7a BJF Trading Group.<\/strong> M\u1ed7i b\u00e0i nghi\u00ean c\u1ee9u xem x\u00e9t m\u1ed9t v\u1ea5n \u0111\u1ec1 m\u00e0 c\u00e1c nh\u00e0 giao d\u1ecbch th\u01b0\u1eddng tranh lu\u1eadn, nh\u01b0 t\u00ednh c\u00f4ng b\u1eb1ng c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi, li\u1ec7u l\u1ee3i th\u1ebf ch\u00eanh l\u1ec7ch gi\u00e1 c\u00f3 duy tr\u00ec \u0111\u01b0\u1ee3c hay kh\u00f4ng v\u00e0 th\u1eddi \u0111i\u1ec3m n\u00e0o \u0111\u00e1ng \u0111\u1ec3 giao d\u1ecbch, sau \u0111\u00f3 \u0111\u01b0a ra k\u1ebft lu\u1eadn b\u1eb1ng d\u1eef li\u1ec7u c\u00f9ng ph\u01b0\u01a1ng ph\u00e1p c\u00f3 th\u1ec3 t\u00e1i l\u1eadp. C\u00e1c nghi\u00ean c\u1ee9u do Boris Fesenko t\u1ea1i Ontario, Canada th\u1ef1c hi\u1ec7n v\u00e0 c\u0169ng \u0111\u01b0\u1ee3c \u0111\u0103ng tr\u00ean nh\u1eefng kho l\u01b0u tr\u1eef h\u1ecdc thu\u1eadt m\u1edf nh\u01b0 Academia.edu, SSRN, Zenodo v\u00e0 OSF, k\u00e8m DOI khi c\u00f3 \u0111\u1ec3 ng\u01b0\u1eddi \u0111\u1ecdc c\u00f3 th\u1ec3 tr\u00edch d\u1eabn v\u00e0 ki\u1ec3m ch\u1ee9ng. H\u00e3y \u0111\u1ecdc c\u00e1c b\u1ea3n t\u00f3m t\u1eaft b\u00ean d\u01b0\u1edbi, sau \u0111\u00f3 m\u1edf to\u00e0n v\u0103n nghi\u00ean c\u1ee9u.<\/p>\n

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Kh\u1edbp l\u1ec7nh c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi & c\u1ea5u tr\u00fac vi m\u00f4 th\u1ecb tr\u01b0\u1eddng<\/h2>\n
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Kh\u1edbp l\u1ec7nh c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi<\/div>\n
BEQI: Ph\u01b0\u01a1ng ph\u00e1p m\u1edf \u0111\u1ec3 \u0111o l\u01b0\u1eddng ch\u1ea5t l\u01b0\u1ee3ng kh\u1edbp l\u1ec7nh c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi Forex b\u00e1n l\u1ebb<\/div>\n
Boris Fesenko, BJF Trading Group Inc.<\/div>\n

M\u1ed9t ph\u01b0\u01a1ng ph\u00e1p m\u1edf c\u00f3 th\u1ec3 t\u00e1i l\u1eadp \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 ch\u1ea5t l\u01b0\u1ee3ng kh\u1edbp l\u1ec7nh c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi b\u1eb1ng nh\u1eadt k\u00fd giao d\u1ecbch v\u00e0 d\u1eef li\u1ec7u tick c\u1ee7a ch\u00ednh nh\u00e0 giao d\u1ecbch. Ph\u01b0\u01a1ng ph\u00e1p k\u1ebft h\u1ee3p t\u1ef7 l\u1ec7 kh\u1edbp l\u1ec7nh, t\u00ednh \u0111\u1ed1i x\u1ee9ng c\u1ee7a tr\u01b0\u1ee3t gi\u00e1, h\u00e0nh vi t\u1eeb ch\u1ed1i l\u1ec7nh v\u00e0 \u0111\u1ed9 tr\u1ec5 th\u00e0nh m\u1ed9t ch\u1ec9 s\u1ed1 duy nh\u1ea5t c\u00f3 th\u1ec3 so s\u00e1nh. Bao g\u1ed3m ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ea7y \u0111\u1ee7 v\u00e0 m\u1ed9t b\u1ea3n tri\u1ec3n khai tham chi\u1ebfu m\u00e3 ngu\u1ed3n m\u1edf.<\/p>\n

\n T\u1ea3i PDF<\/a>
\n B\u1ed9 c\u00f4ng c\u1ee5 BEQI<\/a>\n <\/div>\n

C\u0169ng c\u00f3 tr\u00ean: Academia.edu<\/a>.<\/p>\n<\/p><\/div>\n

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C\u1ea5u tr\u00fac vi m\u00f4<\/div>\n
To\u00e1n h\u1ecdc c\u1ee7a tr\u01b0\u1ee3t gi\u00e1: Khi giao d\u1ecbch ch\u00eanh l\u1ec7ch \u0111\u1ed9 tr\u1ec5 kh\u00f4ng c\u00f2n sinh l\u1eddi<\/div>\n
Boris Fesenko, BJF Trading Group Inc.<\/div>\n

Ph\u00e2n t\u00edch m\u1ee9c \u0111\u1ed9 ph\u1ee5 thu\u1ed9c c\u1ee7a l\u1ee3i nhu\u1eadn t\u1eeb giao d\u1ecbch ch\u00eanh l\u1ec7ch \u0111\u1ed9 tr\u1ec5 tr\u00ean th\u1ecb tr\u01b0\u1eddng Forex phi t\u1eadp trung v\u00e0o c\u00e1c y\u1ebfu t\u1ed1 c\u00f3 th\u1ec3 \u0111o l\u01b0\u1eddng, bao g\u1ed3m l\u1ee3i th\u1ebf \u0111\u1ed9 tr\u1ec5 c\u1ee7a nh\u00e0 giao d\u1ecbch, \u0111\u1ed3ng th\u1eddi x\u00e1c \u0111\u1ecbnh th\u1eddi \u0111i\u1ec3m m\u00e0 c\u00e1c l\u1ec7nh kh\u1edbp b\u1ea5t \u0111\u1ed1i x\u1ee9ng v\u00e0 chi ph\u00ed x\u00f3a b\u1ecf ho\u00e0n to\u00e0n l\u1ee3i th\u1ebf \u0111\u00f3.<\/p>\n

\n T\u1ea3i PDF<\/a>
\n \u0110\u1ecdc tr\u00ean SSRN<\/a>\n <\/div>\n

C\u0169ng c\u00f3 tr\u00ean: ResearchGate<\/a>.<\/p>\n<\/p><\/div>\n

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Giao d\u1ecbch ch\u00eanh l\u1ec7ch \u0111\u1ed9 tr\u1ec5<\/div>\n
\u0110\u1ecbnh l\u01b0\u1ee3ng kho\u1ea3ng c\u00e1ch th\u1eddi gian kh\u1edbp l\u1ec7nh trong ki\u1ec3m th\u1eed qu\u00e1 kh\u1ee9 \u0111\u1ed1i v\u1edbi giao d\u1ecbch ch\u00eanh l\u1ec7ch \u0111\u1ed9 tr\u1ec5<\/div>\n
Boris Fesenko, BJF Trading Group Inc.<\/div>\n

M\u1ed9t khu\u00f4n kh\u1ed5 to\u00e1n h\u1ecdc c\u00f3 ki\u1ec3m ch\u1ee9ng th\u1ef1c nghi\u1ec7m nh\u1eb1m x\u00e1c \u0111\u1ecbnh m\u1ee9c l\u1ee3i th\u1ebf giao d\u1ecbch ch\u00eanh l\u1ec7ch \u0111\u1ed9 tr\u1ec5 b\u1ecb m\u1ea5t \u0111i gi\u1eefa qu\u00e1 tr\u00ecnh ki\u1ec3m th\u1eed qu\u00e1 kh\u1ee9 v\u00e0 v\u1eadn h\u00e0nh th\u1ef1c t\u1ebf sau khi m\u00f4 h\u00ecnh h\u00f3a \u0111\u1ed9 tr\u1ec5 kh\u1edbp l\u1ec7nh th\u1eadt. Nghi\u00ean c\u1ee9u ch\u1ec9 ra l\u00fd do c\u00e1c b\u00e0i ki\u1ec3m th\u1eed gi\u1ea3 \u0111\u1ecbnh l\u1ec7nh lu\u00f4n \u0111\u01b0\u1ee3c kh\u1edbp ho\u00e0n h\u1ea3o th\u01b0\u1eddng \u0111\u00e1nh gi\u00e1 hi\u1ec7u su\u1ea5t cao qu\u00e1 m\u1ee9c.<\/p>\n

\n \u0110\u1ecdc b\u00e0i vi\u1ebft<\/a>
\n T\u1ea3i PDF<\/a>
\n Zenodo (DOI)<\/a>\n <\/div>\n

DOI: 10.5281\/zenodo.20616790.<\/p>\n<\/p><\/div>\n

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Ki\u1ebfn tr\u00fac, ph\u00e1t hi\u1ec7n & che gi\u1ea5u HFT<\/h2>\n
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Ki\u1ebfn tr\u00fac HFT<\/div>\n
Ki\u1ebfn tr\u00fac giao d\u1ecbch t\u1ea7n su\u1ea5t cao d\u00e0nh cho nh\u00e0 giao d\u1ecbch b\u00e1n l\u1ebb<\/div>\n
Boris Fesenko, BJF Trading Group Inc.<\/div>\n

Tr\u00ecnh b\u00e0y m\u1ed9t ki\u1ebfn tr\u00fac giao d\u1ecbch t\u1ea7n su\u1ea5t cao th\u1ef1c t\u1ebf, ph\u00f9 h\u1ee3p v\u1edbi nh\u1eefng h\u1ea1n ch\u1ebf, kh\u1ea3 n\u0103ng k\u1ebft n\u1ed1i v\u00e0 c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng m\u00e0 nh\u00e0 giao d\u1ecbch b\u00e1n l\u1ebb th\u1ef1c s\u1ef1 c\u00f3 th\u1ec3 ti\u1ebfp c\u1eadn, thay v\u00ec gi\u1ea3 \u0111\u1ecbnh ngu\u1ed3n l\u1ef1c c\u1ee7a m\u1ed9t b\u00e0n giao d\u1ecbch t\u1ed5 ch\u1ee9c.<\/p>\n

\n \u0110\u1ecdc tr\u00ean Academia.edu<\/a>
\n H\u01b0\u1edbng d\u1eabn li\u00ean quan<\/a>\n <\/div><\/div>\n
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Ph\u00e1t hi\u1ec7n & che gi\u1ea5u<\/div>\n
S\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a c\u00e1c chi\u1ebfn l\u01b0\u1ee3c che gi\u1ea5u trong giao d\u1ecbch t\u1ea7n su\u1ea5t cao b\u00e1n l\u1ebb, t\u1eeb n\u0103m 2018 \u0111\u1ebfn 2026<\/div>\n
Boris Fesenko, BJF Trading Group Inc.<\/div>\n

Ph\u00e2n t\u00edch c\u00e1ch c\u00e1c ph\u01b0\u01a1ng ph\u00e1p che gi\u1ea5u HFT b\u00e1n l\u1ebb ph\u00e1t tri\u1ec3n qua b\u1ed1n giai \u0111o\u1ea1n nh\u1eb1m \u1ee9ng ph\u00f3 v\u1edbi ho\u1ea1t \u0111\u1ed9ng gi\u00e1m s\u00e1t ng\u00e0y c\u00e0ng tinh vi c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi, t\u1eeb giao d\u1ecbch ch\u00eanh l\u1ec7ch \u0111\u1ed9 tr\u1ec5 c\u01a1 b\u1ea3n \u0111\u1ebfn c\u00e1c ki\u1ebfn tr\u00fac k\u1ebft h\u1ee3p t\u00edn hi\u1ec7u th\u1ed1ng k\u00ea v\u1edbi c\u01a1 ch\u1ebf kh\u00f4i ph\u1ee5c b\u1eb1ng giao d\u1ecbch ch\u00eanh l\u1ec7ch kh\u00f3a.<\/p>\n

\n \u0110\u1ecdc tr\u00ean SSRN<\/a>
\n H\u01b0\u1edbng d\u1eabn li\u00ean quan<\/a>\n <\/div><\/div>\n

<\/p>\n

Chi\u1ebfn l\u01b0\u1ee3c & th\u1eddi \u0111i\u1ec3m giao d\u1ecbch ch\u00eanh l\u1ec7ch gi\u00e1<\/h2>\n
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Giao d\u1ecbch ch\u00eanh l\u1ec7ch gi\u00e1<\/div>\n
S\u1eed d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch ch\u00eanh l\u1ec7ch gi\u00e1 tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh<\/div>\n
Boris Fesenko, BJF Trading Group Inc.<\/div>\n

T\u1ed5ng quan n\u1ec1n t\u1ea3ng v\u1ec1 c\u00e1c chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch ch\u00eanh l\u1ec7ch gi\u00e1 tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh v\u00e0 c\u00e1ch nh\u00e0 giao d\u1ecbch b\u00e1n l\u1ebb c\u00f3 th\u1ec3 \u00e1p d\u1ee5ng ch\u00fang, t\u1ea1o b\u1ed1i c\u1ea3nh cho nh\u1eefng nghi\u00ean c\u1ee9u chuy\u00ean s\u00e2u h\u01a1n v\u1ec1 kh\u1edbp l\u1ec7nh v\u00e0 th\u1eddi \u0111i\u1ec3m trong th\u01b0 vi\u1ec7n n\u00e0y.<\/p>\n

\n \u0110\u1ecdc tr\u00ean Academia.edu<\/a>
\n H\u01b0\u1edbng d\u1eabn li\u00ean quan<\/a>\n <\/div><\/div>\n
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Giao d\u1ecbch ch\u00eanh l\u1ec7ch gi\u00e1<\/div>\n
Kh\u1ea3 n\u0103ng duy tr\u00ec c\u1ee7a c\u00e1c c\u01a1 h\u1ed9i ch\u00eanh l\u1ec7ch gi\u00e1 trong th\u1ecb tr\u01b0\u1eddng Forex b\u00e1n l\u1ebb<\/div>\n
Boris Fesenko, BJF Trading Group Inc.<\/div>\n

\u0110o l\u01b0\u1eddng th\u1eddi gian nh\u1eefng \u0111i\u1ec3m k\u00e9m hi\u1ec7u qu\u1ea3 trong lu\u1ed3ng gi\u00e1 v\u00e0 ho\u1ea1t \u0111\u1ed9ng kh\u1edbp l\u1ec7nh t\u1ed3n t\u1ea1i tr\u00ean th\u1ecb tr\u01b0\u1eddng Forex b\u00e1n l\u1ebb tr\u01b0\u1edbc khi b\u1ecb c\u1ea1nh tranh lo\u1ea1i b\u1ecf ho\u1eb7c \u0111\u01b0\u1ee3c h\u1ec7 th\u1ed1ng qu\u1ea3n l\u00fd r\u1ee7i ro c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi l\u1ecdc ra, \u0111\u1ed3ng th\u1eddi x\u00e1c \u0111\u1ecbnh c\u00e1c y\u1ebfu t\u1ed1 khi\u1ebfn ch\u00fang suy gi\u1ea3m.<\/p>\n

\n T\u1ea3i PDF<\/a>\n <\/div>\n

C\u0169ng c\u00f3 tr\u00ean: MPRA v\u00e0 ResearchGate.<\/p>\n<\/p><\/div>\n

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Th\u1eddi \u0111i\u1ec3m<\/div>\n
Thu\u1eadt to\u00e1n c\u1eeda s\u1ed5 t\u1ed1i \u01b0u tr\u01b0\u1ee3t \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh m\u1eadt \u0111\u1ed9 c\u01a1 h\u1ed9i theo th\u1eddi \u0111i\u1ec3m trong ng\u00e0y \u0111\u1ed1i v\u1edbi giao d\u1ecbch ch\u00eanh l\u1ec7ch th\u1ed1ng k\u00ea<\/div>\n
Boris Fesenko, BJF Trading Group Inc.<\/div>\n

M\u1ed9t thu\u1eadt to\u00e1n c\u1eeda s\u1ed5 tr\u01b0\u1ee3t t\u1ef1 \u0111\u1ed9ng ph\u00e1t hi\u1ec7n nh\u1eefng kho\u1ea3ng th\u1eddi gian t\u1eadp trung nhi\u1ec1u c\u01a1 h\u1ed9i giao d\u1ecbch trong ng\u00e0y t\u1eeb d\u1eef li\u1ec7u lu\u1ed3ng s\u1ef1 ki\u1ec7n m\u00e0 kh\u00f4ng c\u1ea7n gi\u1ea3 \u0111\u1ecbnh tr\u01b0\u1edbc v\u1ec1 th\u1eddi \u0111i\u1ec3m ho\u1eb7c th\u1eddi l\u01b0\u1ee3ng.<\/p>\n

\n T\u1ea3i PDF<\/a>
\n Zenodo (DOI)<\/a>
\n OSF<\/a>\n <\/div>\n

DOI: 10.5281\/zenodo.20722107.<\/p>\n<\/p><\/div>\n

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Giao d\u1ecbch theo tin t\u1ee9c<\/h2>\n
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Giao d\u1ecbch theo tin t\u1ee9c<\/div>\n
Giao d\u1ecbch t\u1ef1 \u0111\u1ed9ng theo tin t\u1ee9c kinh t\u1ebf tr\u00ean th\u1ecb tr\u01b0\u1eddng Forex b\u00e1n l\u1ebb: C\u01a1 s\u1edf h\u1ea1 t\u1ea7ng, ki\u1ebfn tr\u00fac kh\u1edbp l\u1ec7nh v\u00e0 \u0111\u1eb7c \u0111i\u1ec3m hi\u1ec7u su\u1ea5t<\/div>\n
Boris Fesenko, BJF Trading Group Inc.<\/div>\n

Ghi l\u1ea1i c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng, ki\u1ebfn tr\u00fac kh\u1edbp l\u1ec7nh v\u00e0 \u0111\u1eb7c \u0111i\u1ec3m hi\u1ec7u su\u1ea5t c\u1ee7a ho\u1ea1t \u0111\u1ed9ng giao d\u1ecbch t\u1ef1 \u0111\u1ed9ng theo tin t\u1ee9c kinh t\u1ebf tr\u00ean th\u1ecb tr\u01b0\u1eddng Forex b\u00e1n l\u1ebb, t\u1eeb kh\u00e2u thu th\u1eadp d\u1eef li\u1ec7u \u0111\u1ebfn kh\u1edbp l\u1ec7nh xung quanh nh\u1eefng th\u1eddi \u0111i\u1ec3m c\u00f4ng b\u1ed1 theo l\u1ecbch.<\/p>\n

\n \u0110\u1ecdc tr\u00ean Academia.edu<\/a>
\n H\u01b0\u1edbng d\u1eabn li\u00ean quan<\/a>\n <\/div><\/div>\n

<\/p>\n

S\u00e1ch<\/h2>\n
\n
S\u00e1ch<\/div>\n
Kho b\u00e1u c\u1ee7a nh\u00e0 giao d\u1ecbch, c\u01a1n \u00e1c m\u1ed9ng c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi<\/div>\n
Boris Fesenko<\/div>\n

Cu\u1ed1n s\u00e1ch c\u1ee7a Boris Fesenko v\u1ec1 th\u1ef1c t\u1ebf c\u1ee7a giao d\u1ecbch b\u00e1n l\u1ebb v\u00e0 nh\u1eefng c\u01a1 ch\u1ebf ph\u00eda nh\u00e0 m\u00f4i gi\u1edbi quy\u1ebft \u0111\u1ecbnh ho\u1ea1t \u0111\u1ed9ng kh\u1edbp l\u1ec7nh, cung c\u1ea5p b\u1ed1i c\u1ea3nh th\u1ef1c ti\u1ec5n cho c\u00e1c nghi\u00ean c\u1ee9u trong th\u01b0 vi\u1ec7n n\u00e0y.<\/p>\n

\n Xem tr\u00ean Amazon<\/a>\n <\/div><\/div>\n

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Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt chuy\u00ean s\u00e2u (dev.to & Medium)<\/h3>\n