Wall Street securities dealers and money managers are increasingly relying on algorithms to execute even the biggest ...
Knight Capital is a so-called "market maker," using high-speed computers to keep Wall Street fair and orderly. Last week it created chaos instead. It's the latest in a series of computer malfunctions ...
Algorithmic trading, often called algo trading, has quietly transformed the way financial markets operate. What was once the domain of large global hedge funds and investment banks is now increasingly ...