Basics of Algorithmic Trading concepts in India
Algo trading, algorithmic trading or automated trading is to trading that artificial intelligence is to computing: the next big thing. With the promise of being fast, accurate and large; this blog discovers and discusses the unlimited opportunities and possibilities of what Swastika’s Algo Trading has to offer The Definition of Algo Trading: An Overview of its significance By definition, in algo trading, computer-generated algorithms are used to execute trades, where machines oversee the tasks (called program sets) that would otherwise be done manually by a trader. In simplest words, Algo trading is a computer program that determines and executes the manual steps in trading as a defined set of instructions. These sets are notably based on timing, price, quantity, or any mathematical model. According to a research by The Cost of Algorithmic Trading: A First Look at Comparative Performance, algorithmic trading is especially beneficial for large order sizes that may comprise as much...