Hints and tips:
...Agency executives are betting that even if many jobs will be automated or replaced by AI, opportunities like this will command a premium....
...It enables automated ordering of stock while ensuring more accurate requisitioning and less claims leakage. There is also full bill itemisation....
...The bank aims to use the technology to add automated agents at its call centres, personalise services to its 17mn retail customers and streamline its internal processes by analysing documents....
...Through her ability to sell an investment narrative and a savvy adoption of social media, Wood has captivated the imaginations of legions of retail investors and billions of dollars by pitching aggressive...
...The company is the biggest US retail market-maker with a 40 per cent share and has emerged as one of the big winners from the boom in retail investing through the pandemic....
...Trades can last for months but frequently span just seconds, and are largely automated....
...The European market has long lagged the US, where the biggest ETFs are as actively traded as stocks and attract far more retail investors....
...The techniques used by the Hungarian-born Mr Peterffy helped, ultimately, to usher automated trading on to Wall Street....
...It is a principle that applies to businesses ranging from eBay to Facebook to bricks-and-mortar retail....
...“For retail investors to have confidence in our markets, exchanges must provide accurate information and comply with legal requirements, including being equipped for unexpected market disruptions.”...
...Today’s market may be more sophisticated and automated, but like three decades ago key elements are largely untested....
...Companies such as IMC and Optiver were pioneers in automated trading, and account for a significant portion of the daily volumes on global markets....
...Richard Repetto, analyst at Sandler O’Neill, suspects “getting the infrastructure to access retail flow” was among Virtu’s motives in pursuing the company. KCG and Virtu declined to comment....
...He expects more of that business to become automated....
...Growing use of high-speed automated tools, coupled with a fragmented market and growing rule complexity has transformed US share trading since the turn of the century....
...On its website, the company calls itself “the true pioneer in automated trading” with operations dating back to 1988....
...Citadel Securities, one of the largest market makers in US stocks and options, has bought assets of Automated Trading Desk, an automated market making pioneer owned by Citigroup, as it continues to expand...
...Betterment has made a name for itself among US retail investors, having grown from a start-up in 2010 to a robo adviser with $4.5bn in assets and 160,000 clients in May....
...As the SEC noted, proposals that “intentionally delay” access to an exchange’s quotations raise questions about how they define “automated” and “immediate”....
...He predicts the eventual development of highly personalised automated advice solutions that are “almost like a fingerprint”....
...“Market quality metrics across the board have improved as trading has become more automated and competitive....
...“The jeanswear industry is automated, huge and dominated by existing brands,” says Marques....
...Last year he co-founded Aesthetic Integration, a UK start-up that develops automated reasoning tools for banks and exchanges to verify their trading patterns immediately....
...A single computer switch the size of a sock drawer, designed to receive messages in four nanoseconds, retails for $27,000, according to vendor xCelor....
...While the majority of the growth is attributed to greater use of electronic trading on retail platforms, bankers say allegations that foreign exchange traders have colluded to rig a crucial currency benchmark...
International Edition