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Finance & Quality Manager ![]() Sales Support Representative- Fluent French & Fluent English ![]() Customer Service Representative - Native German, Fluent French and English ![]() Junior Inside Sales Representative - Native German, French and English ![]() Junior Inside Sales Representative - Fluent German, Italian and English ![]() ...more jobs |
Share trading taken over by computerMonday 08 February 2010 Up to 70% of the share trading in Dutch blue-chip stocks is carried out by computer, without human intervention, the Financieele Dagblad reports on Monday. Two years ago, traders estimated between 30% and 50% of shares were traded by computer. The increase is due to the rise of automated trading systems and the growth in complex algorithmic trading - using mathmatical formulas to trade at very high speeds - the paper says. 'Some 20% of Dutch blue-chip share trades are the result of high-speed trading,' Cees vermaas, head of European trading at the NTSE Euronext stock exchange, is quoted as saying. Optiver, IMC and All Options are among the big automated trading houses in the Netherlands, the paper says. High-speed trading has been criticised for disadvantaging long-term and private investors. © DutchNews.nl Get the DutchNews.nl newsletter in your mailbox: Click here to subscribe
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How does it disadvantage private investors?
By Jan | February 8, 2010 4:06 PM