Playing It Safe
Traders in the US, Europe and Asia behave differently. Wei-Shen Wong finds out how cultural differences can influence the popularity of certain algorithms.
Cultural behavior and upbringing influence how people react in similar situations. Take, for example, how Chinese takeaway noodles are often portrayed on TV or in films. The person eating will often leave the chopsticks standing upright in the noodles. In many Asian cultures, this is a big no-no, as leaving them standing vertically symbolizes death, as though placing incense at the altar during a funeral. This serves as a reminder—albeit somewhat morbid—that things are often portrayed and done
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