[ZT]Algorithmic trading: Ahead of the tape# Investment - 投资
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http://www.economist.com/finance/displaystory.cfm?story_id=9370718
The best newsreaders may soon be computers
INVENTORS of trading algorithms—computer programs that generate buy and
sell orders and make lightning-quick trades—have picked up a bit of
timeless wisdom from the stock operators of old. “The best of all tipsters,
” Edwin Lefèvre wrote in a 1923 fictional account of the markets, “is the
tape.”
As the time taken to process computer-generated trades falls to thousandths
of a second, algo
The best newsreaders may soon be computers
INVENTORS of trading algorithms—computer programs that generate buy and
sell orders and make lightning-quick trades—have picked up a bit of
timeless wisdom from the stock operators of old. “The best of all tipsters,
” Edwin Lefèvre wrote in a 1923 fictional account of the markets, “is the
tape.”
As the time taken to process computer-generated trades falls to thousandths
of a second, algo