Panel: Traders Must Govern Algorithms
FRONT PAGE: CYBER-TRADING TECHNOLOGIES
LONDON—Traders will always be needed to oversee algorithmic trading, but the buy side will need to be educated about the merits and uses of algorithms, say panelists who spoke at a roundtable on algorithmic trading late last week.
Panelists emphasized the changing roles of people and algorithms in trading at a talk in London, hosted by analyst firm Celent Communications.
Kevin Bourne, managing director and global head of execution trading for HSBC, says that as algorithms have been used for more
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