7city CFA

Wall Street Journal: "Slowpoke Traders" Seek to Gain on "High Frequency Traders"

Money managers have been taking steps to gain back their lost advantage, and profits, underlying the deep tensions created by the increased role of high-frequency traders. Big investors now race to trade covertly, commonly slicing up their orders into smaller blocks using algorithms and routing them through "dark pools," the secretive electronic-trading networks that anonymously match buyers and sellers, usually on a first-come, first-served basis.

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