The Time Is Now

SPECIAL REPORT EDITOR'S LETTER

The buy side has gone from complaining that algorithmic trading is nothing but a fancier and faster way for the sell side to de-construct and re-construct the buy side's order flow to complaining about the lack of available tools to prove that the trading algorithms provide the best execution. It's similar to the Woody Allen joke from Annie Hall about the two little old ladies dining at a new restaurant. The first complains about the poor quality of food and the second, while agreeing with her

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