Would you let a robot invest your hard-earned cash?

Would you let a robot invest your hard-earned cash? By Padraig Belton Technology of Business reporter 18 March 2016 From the section Business Image copyright Thinkstock Image caption About three-quarters of all stock market trades are now automated The floors of the New York and London Stock Exchanges now exist mostly for show. The real trading is done automatically by robots.About three-quarters of trades on the New York Stock Exchange and Nasdaq are done by algorithms – computer programs following complex sets of rules. And this “robo-trading” is having a profound effect on the investment world, from global hedge funds right down to personal savers.But what are the advantages and disadvantages of allowing computers to manage the world’s trillions of dollars?’Globalisation’The advantage for personal, or retail, investors is that we…


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