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Algo Evolution

QUOD

Waters:

What are traders demanding when it comes to algorithms? Do they want new features? If so, what are they?

Ali Pichvai, CEO and co-founder, Quod Financial:

The traders want to be empowered rather than be the victims of their machines. They want ways to influence how algorithms are conceived and used in the real world. To be a little polemic, remember what Henry Ford said: "If I'd asked people what they wanted, they would have asked for a better horse."

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