Algo trading

By | 2017-09-13T12:00:11+00:00 13th September 2017|

Algo trading, also called black-box or automated trading , utilises a computer programme to buy or sell securities at a rate impossible for humans to match. The process by which an algorithm digests of financial data becomes easy because of the ample online provision of data. Similar in principle to an algorithm, the user of the programme simply sets the parameters and gets a desired output when securities meet the trader’s criteria.