[This message was posted by Russell Curry of Assimilate Technology, Inc. <[email protected]> to the "Algorithmic Trading" discussion forum at http://fixprotocol.org/discuss/31. You can reply to it on-line at http://fixprotocol.org/discuss/read/c93bd550 - PLEASE DO NOT REPLY BY MAIL.]
It's an interesting, and reasonable, question, but it doesn't make sense to position this as a problem with the experience level of the users of the algorithms - it seems to me that this is more a question of needing better risk management capabilities on the side of the systems that are interacting with the algorithms. > May 7, 2010 Katherine Heires @ securitiesindustry.com > > While trading algorithms are regularly praised for their speed and > efficiency, a growing contingent of professional traders, financial > engineers, consultants and academics say they are being misused, or are > faulty from the start. Their answer? Establish best practices and > increase training to keep algorithms from doing more damage than good. > > The impetus for the movement is the fear that the availability of > sophisticated trading strategies to a wider audience with varying levels > of expertise could cause havoc in the markets--and already has, in the > view of many.(...) [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] -- You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/fix-protocol?hl=en.
