algorithms

Morning Coffee: Goldman Sachs’ warning as trading jobs disappear to algorithms The power trader who was headhunted by Mike Platt

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If you’re an FX trader, it’s been a tough 20 years. Bloomberg says NatWest Group, once home to some of London’s top FX traders, has cut the number of people dedicated to G-10 FX trading by 70% over the past two decades. The trading jobs have disappeared, but a different kind of job has taken … Read more

Google does not want to comment on a possible major leak in the documentation of its search algorithms

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Google’s search algorithm is perhaps the most consistent system on the Internet, dictating which sites live and die and what content on the Internet looks like. But exactly how Google ranks websites has long been a mystery, pieced together by journalists, researchers, and search engine optimization practitioners. Now, an explosive leak that claims to reveal … Read more