The march of the robo-traders.
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, whe...
| Publicado en: | Economist Vol. 376; no. 8444; pp. 25 - 27 |
|---|---|
| Formato: | Artículo |
| Publicado: |
Economist Newspaper Limited
9/17/2005
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=18328064&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 18328064 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00130613 ECO jtl: Economist issn: 00130613 maglogo: N pubinfo: dt: 9/17/2005 vid: 376 iid: 8444 pid: 161 pub: Economist Newspaper Limited artinfo: ui: 18328064 ppf: 25 ppct: 2 formats: tig: atl: The march of the robo-traders. aug: su: Securities trading Stockbrokers Program trading (Securities) Electronic trading of securities Data processing in securities Robots Algorithms Human-machine systems sug: subj: Securities trading Stockbrokers Program trading (Securities) Electronic trading of securities Data processing in securities Robots Algorithms Human-machine systems ab: 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. pubtype: Periodical doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 2005 holdings: @attributes: islocal: N |
|---|