Algorithmic Trading Market Poised To Expand At A Robust Pace Over 2018 - 2026
Algorithmic Trading Market - Snapshot Algorithmic trading is a process of using an automated computer programed to follow a defined set of trading instructions for placing a trade, accounting for factors such as time, price, and volume. Algorithmic trading or algo trading is a technology platform providing advantage of both artificial intelligence and human intelligence. Algorithmic trading helps in reducing transaction costs, allowing investment managers to take control of their own trading procedures. The main objective of such software is not just to maximize profits but also to control market risk and execution costs. The market for algorithmic trading is forecasted to grow to US$ 21,807.6Mn by 2026, recording a CAGR of 10.2%. End users and prospective adopters are attracted to the several benefits that algorithmic trading over manual ones. Faster execution, less risk of errors, concurrent focus on several market conditions are some of the key benefits which is evident in hi...