Critical Choice

Picking the right trading algorithm can mean the difference between success or failure -- particularly in volatile markets.

August 16 began like most mornings for George Sofianos, who arrived early at his office in Jersey City, New Jersey, for a typical day of monitoring the movement of trades through Goldman Sachs Group’s electronic network. As Goldman’s chief trading execution strategist, Sofianos is the designated house sage when it comes to algorithms and electronic trading.

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