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Leaked Citibank Memo The Plutonomy Symposium Rising Tides Lifting Yachts. Quant trading: How mathematicians rule the markets. 26 September 2011Last updated at 00:22 By Richard Anderson Business reporter, BBC News Mathematicians and their trading programs are increasingly taking the place of professional investors in financial centres across the world Trading floors were once the preserve of adrenalin-fuelled dealers aggressively executing the orders of brokers who relied on research, experience and gut instinct to decide where best to invest.

Quant trading: How mathematicians rule the markets

Long ago computers made dealers redundant, yet brokers and their ilk have remained the masters of the investment universe, free to buy and sell wherever they see fit.

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