Carl Martin Group Technical Director at Eurobase International
Carl Martin Group Technical Director at Eurobase International

Algorithmic trading: Social unrest in the making?

Carl Martin examines the potential that Algorithmic trading has to change markets and society as we currently know it.

First Published: e-Forex Magazine 24 / Algorithmic FX Trading / July, 2006

Society isn’t as secure as we think it isSafe and prosperous societies only stay that way as long the economic infrastructure remains stable. It is perhaps tempting that in affluent societies, we presume it will always stay that way. Perhaps we should not be quite so confident.The threats are out there. Obvious natural disasters such as Hurricane Katrina or terrorist events such as 9/11 caused a lot of human suffering and triggered adverse economic affects which in turn contributed further to human suffering. Yet the economic affects of these will be relatively short lived, at least on a macro scale.There are less obvious, longer-term threats to the economic model which are worthy of consideration and could have far wider implications for society. Algorithmic trading would not appear on many people’s danger list, certainly not alongside Al-Qaeda but it certainly has the potential to change markets and society as we currently know it.Markets need volatility to be profitableVolatility is the...continued

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