| Sumario: | The article discusses whether computer programs that buy and sell shares will replace human stockbrokers. Simple software-based traders are now becoming far more sophisticated, and make trades worth tens of billions of dollars every day. They are proving so successful that in the equity markets, where they are used to buy and sell shares, they already appear to be outperforming their human counterparts. This has prompted an arms race as companies compete to develop the best sets of rules, or algorithms, to govern the behavior of their robo-traders. So is this the end of human traders? Man and machine work best together.
|
|---|