In an urban world when performing a simple calculation at the grocery store of $13.67 + $23.78, we rely on the billing machine.It’s hard to expect a fund manager or a buy-side trader to put a formula and come up with a statistics of profitable trade. We rely on them, and they rely on of complex algorithms stressing a cost conscious and hyper-competitive trading environment. Algorithms are now the part and parcel of any trading platform, and brokers extensively use them to poach new clients and retain their loyal customers.
What is Algorithmic Trading?
Trades captured with the use of algorithm are known as Algorithmic Trading. In more technical words – Continue reading