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Opinion
Lisa Abramowicz

Humans 1, Machines 0 in Exchange Deal

ICE's acquisition of IDC shows that old-fashioned brainpower still matters.
Person to person.

Person to person.

ERIC PIERMONT/AFP/Getty Images

If you’re human and a bond trader, here’s some good news: You’re not easily replaced by computers after all.

That’s the implication of Intercontinental Exchange’s $5.2 billion agreement to buy Interactive Data Holdings Corp., which specializes in evaluating fair market values on less-frequently traded debt.