Opposing view on Wall Street: Safe at any speed
Filed under: Algorithmic Trading
Some have recently condemned “high frequency” or “algorithmic” trading as an evil force that hurts investors. This view is misguided. Computerized traders mostly do what investors have done for centuries but now do it better, faster and cheaper with computers. For example, there have always been investors who try to buy on the dips and sell on the rebounds. This stabilizes stock prices.
Posted on May 21st, 2010 by admin
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