I would like to argue that traders will always be necessary. The bulk of a trader's job is indeed automated. However models only work within their specified bou

I would like to argue that traders will always be necessary. The bulk of a trader's job is indeed automated. However models only work within their specified boundaries, and there are plenty of cases that require trader intervention. Also what you are seeing more of is that traders generate the ideas and logic that is used to fine tune these algorithmic models.