Originally Posted by
;
its not that all traders will be gone, its just computers will perform the'heavy labor' and spot very short term arb chances. People will inform the procedure on the big picture items for a while to come... but I do wonder when the first FF member will spot an algorithm transaction pattern and place a system to take advantage?
Indeed the need for speed is currently so good, that
many are talking about latency arbitrage.
However, in places like proprietary trading where taking a
egic risk position as well as a tactical trading position
is vital in order to beat the market, algorithmic
systems have a smaller role to perform.