Buy Side Becoming More Selective with Algorithms


Buy-side traders looking to do more with fewer resources in electronic markets are focusing on how to choose trading algorithms, according to Bill Bell, managing director and head of equities electronic distribution, Americas, Barclays Capital, who spoke in a keynote presentation at the TradeTech conference in New York on March 1.

"On the buy side, we constantly hear that there are too many algorithms to choose from," he says. "When 10 or 20 providers are giving you 10 or 20 algorithms, how can