Fintech

For cryptocurrency traders, it is survival of the quickest

High-speed computer traders are taking advantage of volatility in the market for cryptocurrencies

For cryptocurrency traders, it is survival of the quickest
Photo: Stephen Belcher/Minden Pictures/Getty Images

It is the anniversary of Charles Darwin’s birth this month. Perhaps it is a fitting time then for an altogether different evolutionary process to be giving rise 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 cryptocurrency space.

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