(Above the Law) The classic Wall Street trader is dead. For decades, or even centuries, the professional investment markets were characterized by smart individuals buying and selling stocks, bonds, currencies, and commodities based on intuition, savvy valuation skills, and luck. Those days are gone. Trading on Wall Street today increasingly involves computers, algorithmic models, and Big Data. That is true not just in stocks, but across markets. This is fact that securities attorneys need to understand because it dramatically impacts how they should approach their jobs, and the mindset they should have with clients.
Algorithmic Trading Is Changing Markets
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