What is Algo Trading ? - Beginner's Guide
Algorithmic trading refers to orders generated at superfast speed by the use of advanced mathematical models that involve the automated execution of the trade. What is algo trading? Algorithmic trading refers to orders generated at superfast speed by the use of advanced mathematical models that involve the automated execution of the trade. Even a split-second faster access is considered capable of bringing huge gains to a trader. The algo runs on the broker’s systems and not on the investor's system. Whenever the algo generates a signal, an order automatically gets fired on the investor’s account with no human involvement from either the broker or the investor. The algo trading system automatically monitors the livestock prices and initiates an order when the given criteria are met. This frees the trader from having to monitor livestock prices and initiate manual order placement Want to launch your own cryptocurrency exchange with the algo trading feature? Get connected