Algo trading to drive CLS business
NEWS
He said the rapid growth likely to be seen in the space could mean the addition of more tickets than the non-deliverable forwards and options set to be launched by 2007. "Algorithmic trading will take off very substantially, and there is an opportunity for us to get the volumes going through CLS. This will deliver operational efficiency to the algorithmic traders and enable us to bring down the cost of ticket prices."
Close said that options and non deliverable forwards should bring in as much
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