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Slaves to the algorithm
Plugged In: the energy news podcast
The Future of Algorithms in the Market
I think we'll get to around somewhere in 95 positions in 85% of volumes being closed through APIs. And with algos behind that, that's definitely the trend that we're seeing. When it comes to prop trading, I think you still see a good mix of humans and algos that tend to have the best results. But there is a rule for humans and for manual position closing in the market.
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