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Re:Quant Hedge Fund D.E. Shaw Fires 150; 10% of staff by borism on Wednesday September 29, 2010 @04:26AM (#1738686)
it's not only purely automatic

The Medallion Fund has its own internal trading desk, staffed by approximately 20 traders, and trades from Monday opening bell in Australia through Friday closing bell in the US.

http://en.wikipedia.org/wiki/Renaissance_Technologies

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