costs-by-two

Stock market traders being replaced by computers, according to …

Some asset managers have decided to increase electronic trade and subsequently reduce the number of brokers they use. Photograph: Alex Domanski/ReutersEuropean equity investors placed more orders via computers than through flesh-and-blood traders for the first time last year, as new market rules drive more money managers to go high-tech and low-cost. Widespread regulatory changes designed to make trading safer, more […]