Tomorrow's algorithmic trading technology will have better results and better risk management
Over the past few years, financial trading has witnessed a major change in terms of technological update. For traders, this is a major boost because these updates will help them in getting more power for fast execution of trades and reducing human errors. The computer-programmed software has helped traders to trade with comfort and without error. Of all the trading technology update, Algorithm trading software is the major one. Also called as Algo Trade, this software solution is designed for traders to manage funds easily. In the past few years, trading software developing companies are assisting traders to setup trading desk with zero errors. According to one data, the global algorithmic trading size is around $11.1 billion in 2019 to become $18.8 billion by 2024. This further expands the CAGR of 11.1 percent. Algo trading is not new in the market, but entered in the mid-1980s. Presently, more than 70 percent of trading volume is conducted using Algo Trading software....