Is technology driving a wedge into the hedge fund community?


One in four hedge fund institutions does not trade electronically and three in four do not use the industry standard, financial information eXchange (FIX) protocol.

Yet, one in four conducts some form of program trading, one in five connects with 11 or more sell-side partners and one in six is using managed networks to facilitate trading.

Hedge fund institutions are seen as the trailblazers of technology among buy-side institutions and as early adopters of developments such as algorithmic tra