Cyber-Trading Strategies: Algorithmic Trading Gains Ground

DWT Annual Review 2005

NEW YORK-The past year has seen a continuing evolution in the relationship between sell-sideand buy-side firms, as algorithmic trading has advanced in both its capabilitiesand credibility. Algorithmic-based execution has led to technology overhaulsin both sell- and buy-side firms, as the big stories of 2005 make clear.

Banking giant Citigroup, one of the pioneers of algorithmic trading, kept onthe move in the algorithmic trading space with its decision to expand the useof its trading algorithms

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