Automating the Hunt for Alpha

One thing industry participants are sure of is that it is going to be quite a while before traders can sit down at their desks and command their computers to "find me alpha."

Traders can rest assured that they won't be losing their jobs to computers any time soon, but algorithms are growing rapidly in their intelligence and sophistication.

Not too long ago, algorithmic trading meant single-stock orders; now, the focus is on delivering portfolio trading algorithms that can be customized for each

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