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How to Survive Wall Street’s Robot Revolution

(Bloomberg) Wall Street’s robot revolution has begun. JPMorgan Chase & Co. is rolling out a program called LOXM that executes equities trades so well, it’s replacing the humans who used to do that. Goldman Sachs is in the midst of automating the initial public offering process. Innovations in financial technology — fintech — are creating competition in fields long dominated by the institutions.

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