Be wary of black-box trading algorithms

Black-box algorithms now account for nearly a third of all US stock trades. It is a mistake to think that these algorithms possess superhuman intelligence. In reality, computers do not have the common sense and wisdom that humans have accumulated by living. Trading algorithms are particularly danger...

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Bibliographic Details
Main Author: Smith, G. (Author)
Format: Article
Language:English
Published: Portfolio Management Research 2019
Online Access:View Fulltext in Publisher