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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Moonray who wrote (20767)5/8/2000 11:18:00 AM
From: DMaA  Read Replies (2) | Respond to of 22053
 
You would think that if the markets' computers could handle "boolean trades" they could handle decimals.

The plummeting costs of computation and communication will dramatically change the face of financial markets. For one thing, computers can offer more flexibility in execution. Take, for example, Boolean trades. An investor could place an order saying "I want to sell Microsoft at 75 if and only if I can buy IBM at 110 and buy Intel at 120." Computers can match such orders using algorithms that would be impossible for a floor trader to execute.

interactive2.wsj.com

Wonder what kind of a mind it would take to come up with a boolean trading strategy? Scarry to contemplate.