Algorithmic trading has taken on a whole new meaning.
The quest for the grail continues, unabated.
I have nothing against these pursuits. I've even thought of participating in them. I am a believer in the advantages that quant analysis can bring to trading in all types of securities. However, speaking a a computer guy, I can't help but to believe that maybe one day some of these researchers and quants will realize that, ultimately, the best advantage is being a living, breathing person.