Algo misuse contributing to stock price falls: Senrigan
Asia-Pacific stocks have seen sudden sharp price drops during the recent turmoil due to inappropriate use of trading algorithms, says John Tompkins of Senrigan Capital.
Hedge funds have had a torrid few months, and sudden drops in share prices due to misuse of trading algorithms have not helped matters, argues John Tompkins*, head of trading at Senrigan Capital, a Hong Kong-based event-driven manager.
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