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Strategies & Market Trends : Ask Vendit Off-Topic Questions
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To: Walkingshadow who wrote (3475)1/4/2005 5:45:47 AM
From: Vendit™  Read Replies (1) of 8752
 
LOL

This one sentence says it all:

Firms argue that algorithmic trades are more valued-added, and thus should cost more, at least when combined with other methods. "An algorithm is fetching a premium because you're getting the smart routing but you're also getting the decisioning of the algorithm," says Rob Flatley, managing director at Banc of America Securities' electronic trading services group.

Thank you for the article Dr. Terry
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