PL EN


2007 | 3(35) | 114-124
Article title

ALGORITHMIC TRADING AS A METHOD OF LARGE ORDERS EXECUTION ON A STOCK EXCHANGE

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Selected contents from this journal
Title variants
Languages of publication
EN
Abstracts
EN
Algorithmic trading has become very popular among traders that are placing large orders on stock exchanges. The computer programs used to execute orders according to a pre-defined strategy on financial instruments are becoming more and more sophisticated. The main driver of this trend is the cost of algorithmic trading that is on average lower than the cost of manual orders execution. The algorithms spread worldwide among institutional investors, market makers, pension and investment funds. In this paper the main objectives of algorithmic trading are presented, as well as the automated strategies. The risk of algorithmic trading is also discussed.
Keywords
Year
Issue
Pages
114-124
Physical description
Document type
COMMUNICATION
Contributors
  • J. KIlon, Uniwersytet w Bialymstoku, Wydzial Ekonomiczny, ul. Warszawska 63, 15-062 Bialystok, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
08PLAAAA03787591
YADDA identifier
bwmeta1.element.64d161cf-c590-3846-9bd1-3ca6ec3c9bb4
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