Monday, 14 January 2008

Electronic warfare - City style

Check out the specs for these new trading algorithms offered by Goldman Sachs. They read suspiciously like computer virus descriptions, or guided weapons specs..!

I wonder if all financial trading will one day be simply subscribing to one algorithm or another. Some will inevitably be more popular than others, so there will be a market in algorithm pricing. Then, if Google Search is anything to go by, there will be systems developed to 'trick' the popular algorithms, requiring counter-measures... and so on.
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