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Re:Algotrading Mythbusting by T_S_ on Wednesday February 17, 2010 @01:29PM (#1132079)
From the article: Q: "Where do you think the future of Automated Trading is headed?"

A: "Distributing computations across many systems with side-effect free languages like Erlang and Haskell. High-frequency strategies asymptotically approaching the speed at which the exchange itself can cross orders. Machine-learning inference from huge amounts of unstructured, ugly, textual and visual data."