An Interest In:
Web News this Week
- April 13, 2024
- April 12, 2024
- April 11, 2024
- April 10, 2024
- April 9, 2024
- April 8, 2024
- April 7, 2024
Some of Our Sources
- Just Creative
- The Logo Smith
- Six Revisions
- TutsPlus - Design
- You The Designer
- Creative Curio
- Noupe
- Specky Boy
- Hashedout
- TechPowerUp
Help Webnuz
Referal links:
September 9, 2011 06:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/RG_OQzJgjy4/Algorithmic-Trading-Rapidly-Replacing-Need-For-Humans
Algorithmic Trading Rapidly Replacing Need For Humans
DMandPenfold writes "Algorithmic trading, also known as high frequency trading (HFT), is rapidly replacing human decision making, according to a UK government panel which warned that the right regulations need to be introduced to protect stock markets. Around one third of share trading in the UK is conducted by computers fulfilling commands based on complex algorithms, said the Foresight panel in a working paper published yesterday. Nevertheless, this proportion is significantly lower than in the US, where three-quarters of equity dealing is computer generated. The Foresight panel, led by Dame Clara Furse, the former chief executive of the London Stock Exchange, argued that there are both benefits and severe risks to algorithmic trading. There was 'no direct evidence' that the computer trading in itself increased volatility, it said, but in specific circumstances it was possible for a series of events with 'undesired interactions and outcomes' to occur and cause massive damage." 
Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/RG_OQzJgjy4/Algorithmic-Trading-Rapidly-Replacing-Need-For-Humans
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot