Financial News 20/02/2018: As the world pays homage to the 209th anniversary of Charles Darwin’s birth this month, an altogether different evolutionary process is giving rise, or should that be rejuvenation, to a hotly debated form of trading across financial markets.
After a prolonged period of low stock market volatility, computer traders, renowned for transacting a large number of orders fractions of a second faster than regular investors, are now setting their sights on the zeitgeist cryptocurrency space. With Bitcoin fluctuating in value from one day to the next, it is not hard to see why high-speed traders are creeping around crypto.
After all, these guys live and breathe big price swings. And with crypto pairs such as Bitcoin/Ethereum valued differently across multiple markets, there is no shortage of opportunity for computer savvy firms to profit quickly from price differences.