Lately I think I would have had faith in a Hollywood actor stuck inside the
engine bay an 80's car to make better choices that some of these so called
Traders.



On 9 November 2012 11:56, Richard Obore <[email protected]> wrote:

> Very interesting!
> But even if its the KITT [http://knightrideronline.com/], i expect pain...
>
> Here's the 1 page summary of a related sob story i've been following:
>
> http://www.forbes.com/sites/halahtouryalai/2012/08/06/knight-capital-the-ideal-way-to-screw-up-on-wall-street/
>
> Poor rich banksters!
>
> R.
>
>
> On Fri, Nov 9, 2012 at 10:31 AM, Paul Bagyenda <[email protected]>wrote:
>
>> Algorithms are cheaper than human traders. Apparently:
>>
>>
>> http://business.financialpost.com/2012/11/07/ubs-fires-trader-replaces-him-with-computer-algorithm/
>>
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