Just Another Tool
SPECIAL REPORT OPEN PLATFORM
This frenzy has only added to the allure of algorithmic trading. It has also created a lot of hype; some of it deserved, much of it not. Financial Insights believes that algorithmic trading is just one tool at a trader’s disposal and should be treated as such. It is not a panacea for high transaction costs and it won’t eliminate the need for traders, although it may be able to reduce that need.
More than a dozen mainstream brokerage houses, such as Credit Suisse First Boston (CSFB), Morgan
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