Wall Street and the Centaur

in Marketsmedia.com, April 18, 2017

So will the machines take over Wall Street? Yes and no. From Baron Reuters’ pigeons to the telegraph, ticker, and telephone, to the ECNs, Wall Street has consistently adopted tools to leverage information asymmetries and develop strategies to generate alpha. That Wall Street has increasingly turned to big data, A.I. and machine learning as the latest iteration in this evolution comes as no surprise – Wall Street, like other industries, transforms as new tools become available… (continued)

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