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Algo vs. Algo
More than 90 percent of hedge funds now use electronic trading algorithims -- turning the battle for algorithmic trading into a full-scale arms race.
Algorithmic trading has changed investing forever. Today more than 90 percent of hedge funds use electronic trading algorithms -- computer models designed to execute trades more easily, cheaply and, most important, anonymously. As David Leinweber writes, the battle for algorithmic trading has turned into a full-scale arms race. The winners,
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