Tuesday, December 11, 2012

Fund managers seek alternatives to automated trade




Almost a third of fund managers believe automated trading has had its day and are considering a move to alternative trading methods, including a return to "human-led trading models", a study released on Monday showed the good folks at Reuters.

But any mistrust of automated trading by fund managers contrasts sharply with the attitude of brokerages and investment banks, where 67 percent of firms are looking to increase the use of automated trading. The diverging trends around automated trading - or using computer models to trigger buys and sells based on trading patterns and other indicators - are revealed in research from system vendor MathWorks.....


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