Hacker News new | ask | show | jobs
by Shalhoub 3418 days ago
"Goldman Sachs automated trading replaces 600 traders with 200 engineers"

You mean 600 traders replaced with a High Frequency Trading (HFT) computer.

http://bertdohmen.com/hft-algo-computers-crash-fx-markets/

1 comments

Very different they are not talking about HF, it's more about automatize all the processes of entire desk especially around equities. they are not mentioning at all about HF in the article.