O'Reilly logo

Fusion Analysis by V. John Palicka

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

16DEVELOPING OUR MODEL

Algorithmic (or algo) trading is rapidly growing and the list of 46 algorithmic providers listed in Bloomberg is expected to increase, especially if regulations are changed. The quest to tap liquidity, hence lower transaction costs and beat an efficient market, is not a cheap process. It is estimated by experts in the field that one must spend $10 million to develop a system and another $5 million for annual maintenance. For some the costs will not be worthwhile. Aite Group, a leading independent research and advisory firm focused on business, technology, and regulatory issues and their impact on the financial services industry, sees algorithmic trading emphasizing global trades, more proprietary systems, less reliance ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required