Algos: Human After All?

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Gerry Turner, Object Trading

What defines a human? If it is the ability to think autonomously and to evolve to the surrounding environment, then it is not so difficult to draw comparisons between us Homo sapiens and the latest trading algorithms. Trading firms in many cases prefer computerized algorithms to human traders, but algorithms are beginning to look more human every day—not least through the mistakes they are prone to make. Algorithms have had a lot of bad press in recent times, but for Andrew Saunders, m