Despite connectivity issues, regulatory hurdles and liquidity barriers, traders are eager to try out algorithms.
Electronic trading and the use of algorithms in Asian markets continue to grow despite regulatory hurdles and technological bottlenecks. According to Goldman Sachs, the value of client-directed trade orders executed through algorithms during 2007 more than tripled in Japanese equities and increased six times in the rest of Asia.
“There has been a significant increase in the adoption of algorithmic trading on the buy side because, when leveraged properly, it can lower the overall cost of trading and reduce information leakage while producing significant productivity gains,” says Todd Lopez, head of Pan-Asia electronic execution sales with Goldman Sachs.
Traders in Asia can appreciate the benefits …
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