04.11.2016 - Rise of the algos rattles commodity traders
Growing price transparency and algorithmic-led trading is transforming trading. When Michael Farmer, founding partner of metals hedge fund Red Kite, this week blasted high-frequency traders who use powerful computers to execute orders at ultrafast speeds, he spoke for many in the commodities world. “High-frequency trading appears to have no other purpose than to make money from the trading of other participants by jumping ahead of them,” said Farmer.............................................Full Article: Source
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