I’m sure you’ve asked yourself that question a lot lately. Well, to some degree we live in a new normal paradigm. It’s hard to believe that the first iPhone was introduced on the 29th of June in 2007. The emergence of such technology however has facilitated a world where information is instantly available, and from any number of sources. As technology has evolved, so too have programs that allow professional money managers to instantly trade large blocks of securities through what we know as high frequency trading.
Algorithms are also employed by institutional managers.