Report: Buy Side Bearish on Algo Trading?

NEW YORK—Algorithmic trading exploded in 2006, but while its use shows no signs of slowing down, there are signs that the buy side is losing patience with it, according to a recent white paper.

Overall satisfaction levels increased, but on a scale of one to five, with five being the most satisfied, those who reported being "highly satisfied" fell slightly, the report says. Only 53 percent of respondents say their satisfaction levels are at a four or five, compared with 73 percent of those who

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