Going to War?

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For Apama CEO Peter Beard, and chief technology officer (CTO) John Bates, black box trading means war.

Beard and Bates recently spoke to European reporter Jean-Paul Carbonnier, about how algorithmic trading is changing the landscape of the industry (see related article, this issue). The underlying technology came out of research that Bates led at Cambridge University in the U.K. Bates says that rather than indexing data and querying it, "We’re indexing the queries and then … throwing the data

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