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contents ALGO SURVEY CONT. 65 Quality over quantity This year, The TRADE’s Algorithmic Trading Survey gives an insight into developing industry trends in the final year before MiFID II. The results reveal a flight to execution quality and a rationalisation of broker and buy-side relationships. TELLING IT HOW IT IS… “Unfortunately, today many people are doing this job just for the prestige.” 16 SASCHA BECKER, ALLIANZ GLOBAL INVESTORS “Skills, abilities and character are specific to the person, not the gender.” 24 ANGELA MCLEAN, NIKKO ASSET MANAGEMENT 6 TheTrade Spring 2017 “You can’t just rely on machines and faceless relationships.” 30 MICHAEL HORAN, PERSHING 57 “If interdealer brokers don’t innovate and keep up with the times then we will die.” DAN MARCUS, TRADITION