Three things are certain: death, taxes, and that the already thin gap between human trader and algo is narrowing ever further.
AllianceBernstein’s new virtual assistant can now suggest to fixed income portfolio managers what the best bonds may be to purchase using parameters such as pricing, liquidity and risk, according to Bloomberg. The machine has numerous advantages to humans: “she” can scan millions of data points and identify potential trades in seconds. Plus she never needs to take a cigarette or a bathroom break…. CLICK for complete article