Algorithmic trading to replace humans in the stock market
Wednesday, September 14, 2011 - 13:30
in Mathematics & Economics
(PhysOrg.com) -- The UK Governments Foresight panel, led by Dame Clara Furse, has released a working paper that points out that algorithmic trading, or high frequency trading, will soon replace human decision making when it comes to the stock markets. Many countries have already begun replacing humans with one third of the UK trading going to computers and three-quarters of trading in the United States being computer generated.