The Robots Are Coming

BEFORE THE SPIN

We have a surprising flux of news about surges in demand for program trading, smart routing and direct market access capabilities in this week’s edition. We are entering a world where trading software (and computing grids) are governed by algorithms and supported by ever-faster hardware. Automation, with its cost-cutting benefits, is quickly gaining ground and changing the atmosphere for trading firms. The number of options for replacing humans is expanding, and is forcing us to decide just how

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