Algo Trading Brokers
ALGO Trading or Algorithmic trading is a way of trading using automated trading programs representing variables such as time, price and volume to send small segments of the system's orders to the market with the passage of time. It has been developed as the traders do not need to monitor stocks sent repeatedly slices manually. The popularity of "ALGO" include the percentage of the volume, bound, VWAP, TWAP, repent, and the closure.
ALGO Trading does not attempt to make profits. It is just a way of reducing the cost, and the effect of market and risk while trading. It is widely used by investment banks, pension funds, mutual funds, hedge funds, because the need for institutional traders large orders in the market that can not be to support each of size one at a time. Algo Trading Brokers are now most famous of the way they approach clients and how they help them increase profit rates.
The term is also used to mean the automated trading system. Also known as black box trading, including the trading strategies that rely heavily on complex mathematical formulas and computer software, high speed.
Automated trading system (Ats) is a computer program creates orders automatically is provided to the center of the market or exchange.
Automated trading systems or ALGO Trading are often used with the electronic commerce in the centers of the market mechanism, including the electronic communications networks, "dark pools", and stopping mechanism. Automated trading systems, electronic trading platforms, repetitive tasks can be executed at the orders greater than equivalent to human.
Check the table below and find out what are the best Algo Brokers for you.