FGS Capital's Narain: Build Algos to Fail

St Paul's Cathedral in London
Panelists at the European Trading Architecture Summit in London urge algo developers to plan for failure.

Narain, a panelist at yesterday's European Trading Architecture Summit (ETAS) in London, says that, like test-flying an airplane, there is only so much preparation that can go into building an algorithm before it must be let loose to see whether or not it flies.

That said, Narain urges firms to build algorithms with their breakdowns in mind if they are to avoid the kind of catastrophic fallouts witnessed in episodes such as the Flash Crash of May 2010 or the more recent Knight Capital algo

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: