Dealers dispute benefits of algorithms

Algorithms are important but not indispensable in execution trading, said participants at a panel discussion during the fourth Asia-Pacific Electronic Trading Summit 2006, held in Hong Kong in May.

Opinions regarding the benefits of algorithms varied among the four panelists - Jonathan Evans, head of dealing at JP Morgan Fleming Japan; Mark Northwood, director of trading, Asia ex-Japan at Fidelity International; Richard Balarkas, global head of advanced execution service sales, equities at Credit

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