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The Age of Enlightenment: Traders cut costs and find profits again.

Traders Magazine, April 2004

John A. Byrne

In the shadows of the institutional trading world, some of the biggest stock dealers on Wall Street have been quietly assembling the new side of block trade executions. These are the program and algorithmic desks at an elite group of top dealers. And lately these desks have shot up like mushrooms overnight.

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