As head of electronic trading in the bank’s global markets division, Krishnan is among a group of Wall Street equities veterans -- including Phil Allison at Morgan Stanley and Mark Goodman at UBS Group AG -- promoted in recent years to take on a delicate assignment: Build machines to handle trading in other markets such as bonds and currencies. They’re convinced it’s possible after watching computers take over stocks.One way or the other, TOE cannot be denied.
It is now firmly established in bond markets. However, other than Bitcoin, there is no general algorithm, yet, that can handle five currencies. It is possible, not me, let one of the kids do it.
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