Algorithmic gymnastics - keeping at least one vault ahead of the rest

algorithmic trading

Little may John Bates have realised, as he studied employee badge-tracking systems at Cambridge University in the late 1980's and early 1990's, that the same principles allowing the university to monitor where employees' little steps were falling in its buildings would one day underpin Bates's own work at Apama, then Progress Software, helping hedge funds take giant leaps ahead of their competitors on global markets.

Before 'cutting the umbilical cord' with the mother ship Academia and foundi

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