Topiwala, Pankaj; Dai, Wei - In: Journal of Risk and Financial Management 15 (2022) 7, pp. 1-25
It is an open secret that most investment funds actually underperform the market. Yet, millions of individual investors fare even worse, barely treading water. Algorithmic trading is now so common, it accounts for over 80% of all trades and is the domain of professionals. Can it also help the...