Benefits Of Algorithmic Trading In The Indian Stock Market
Best share market app | Image Resource: marketvein.com
Online trading has made algorithm trading popular and it is in demand. There are instances when the human trader is not able to handle the speed of trading; this is when an intelligent algorithm is required.
An algorithm is a set of clearly defined instructions that can carry out a specific task. Algorithm trading is also called computer-directed trading. The best share market app use algorithms to analyse every quote and trade in the stock market, identify liquidity opportunities and turn them into good trading decisions.
Algorithm trading helps to cut down the transaction cost and lets the investment managers take over their own trading process. In algorithm trading, computer programs are used to follow a defined set of instructions to place a trade at speeds and frequency impossible for human traders.
For algorithmic...