MUSI Preps for Algo Rates Trading

"There are quants on my team who very much like the idea of trading off mathematical models," says Greg Bufton, co-head of the quant group and director of the rates trading group for MUSI.

Although the investment bank has the electronic gateways and the ability to do algorithmic trading right now, there are certain market factors that are preventing further development, according to Bufton. "We've got probably too much volatility [in the market]," he says. "The uncertainty as to whether we're

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