Algo Aspirations

THE DALY CLOSE

There's a new way to play the buy side's favorite game of "Stump the Sell Side." It's easy: Ask the algorithmic execution salespeople, "When are you going to support cross-asset algorithmic trading?" Pay close attention to their change in posture as they shift their weight from foot to foot and wait out the pregnant pause. Count the tumbleweeds as they roll by while they come up with a not-so-subtle way to change the topic.

The sell side is currently spreading algorithmic support horizontally

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