Algorithmic trading is becoming ever more prevalent in the current market environment. Algorithmic traders use historical or live market data to discover repeatable trends and take advantage of them. Firms are now relying on machines to make seemingly instantaneous trades that can beat even the fastest trader. Algorithmic trading has seen great success with more than a majority of all trades being done by a machine rather than a human. To gain an edge, the programs behind the machines have become even more complex. However, the program and strategy will only be as good as its creator, requiring vast and accurate data in order to backtest strategies. To learn more about algorithmic trading, read the article linked below written by our COO, Craig Iseli.
Read here:
https://visionary-finance.com/spiderrock-what-is-algorithmic-trading/