A Tale of Two Algorithmic Journeys
FRONT PAGE: CYBER-TRADING TECHNOLOGIES
NEW YORK—Piper Jaffray & Co. and Bley Investment Group are developing strategies that mirror the two main approaches that firms are taking to stay ahead in the electronic execution game—creating an infrastructure or farming it out to a firm that has done the legwork.
For the algorithmic and program trading group of Piper Jaffray in New York the answer is to use the Velocity tick capture and analysis system from Vhayu Technologies in an attempt to enhance Piper Jaffray's automated trading
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