Algo Is Slow Go Inside BAM

TRADING TECHNOLOGY

While the industry raves about the possibilities available with algorithmic trading, one buy-side firm isn’t ready to jump on the bandwagon. London-based investment firm Baring Asset Management (BAM) is holding firm against the hype. BAM is running a feasibility study on algorithmic trading, and Brian Mitchell, global head of dealing and portfolio control at the firm, is clear about his lack of enthusiasm for algorithmic trading.

"BAM hasn’t used algorithms to date, and I’m skeptical of the idea

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