(Reuters) - Complex algorithmic computer systems -- designed to monitor
thousands of stocks and independently identify and execute
orders in milliseconds -- are revolutionising Wall Street and
demand is quickly catching up across the Atlantic.
"We're looking to take humans out of the equation where it
makes sense," said John Lowrey, European head of execution
services at Lehman Brothers, striding past hundreds of dealers
glued to their screens on the bank's vast London trading floor.
Read more at Reuters.com Government Filings News
thousands of stocks and independently identify and execute
orders in milliseconds -- are revolutionising Wall Street and
demand is quickly catching up across the Atlantic.
"We're looking to take humans out of the equation where it
makes sense," said John Lowrey, European head of execution
services at Lehman Brothers, striding past hundreds of dealers
glued to their screens on the bank's vast London trading floor.
Read more at Reuters.com Government Filings News
No comments:
Post a Comment