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The rise in e-trading has opened the way for the adoption of algorithmic trading, where large numbers of trades are executed automatically, according to pre-set parameters. But are clients ready and, more importantly, willing to accept such a change?

Andrew Challis, Barclays Capital: “Limit orders help clients”
Broach the subject of the introduction of algorithmic trading within the credit market with traders and you’re likely to get, at best, a lukewarm response. After all, credit – one of the largest markets in the global financial services industry – has been accused of dragging its heels when it comes to trade automation compared with other markets such as equities, foreign exchange, listed
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