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30 - 40% 15.34 3.24 40 - 50% 7.92 8.55 R I T H M I C T R A D I N G S U R V E Y ] 50 - 60% 3.47 [ A L G O 11.5 60 - 70% 13.37 6.19 70 - 80% 16.34 7.08 15.84 21.53 Figure 5: >80% Algorithm usage by value traded (% of responses) Hedge funds 2018 Hedge funds 2017 0.5 Not answered 5.04 6.43 0 - 5% 8.56 7.43 5 - 10 % 7.96 4.95 10 - 20% 6.78 8.41 20 - 30% 13.57 15.34 30 - 40% 3.24 7.92 40 - 50% 8.55 3.47 50 - 60% 11.5 13.37 60 - 70% 6.19 16.34 70 - 80% 7.08 15.84 >80% 21.53 0 5 10 15 20 25 Issue 56 // TheTradeNews.com // 77