Ahead of the tape.
The article reports that financial institutions are now creating computer-run trading algorithms to scan and react to news headlines. Algorithmic trading comprises a third of all share trades in the U.S., and it is rising in Great Britain as well. The article states that the aim of algorithmic tradi...
| Published in: | Economist Vol. 383; no. 8534; p. 85 |
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| Format: | Article |
| Published: |
Economist Newspaper Limited
6/23/2007
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| Summary: | The article reports that financial institutions are now creating computer-run trading algorithms to scan and react to news headlines. Algorithmic trading comprises a third of all share trades in the U.S., and it is rising in Great Britain as well. The article states that the aim of algorithmic trading is to reduce latency. |
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