Stock Market Software Robot
The algorithm for the procedures defined step by step to complete a transaction and the software that executes these algorithms are called stock market robots.
Algorithmic trading (or 'algo' trade for short) can be expressed as large-scale stock market orders pre-programmed according to some variables such as time, price, volume in any financial market.
The stock market robot allows you to execute your algorithmic trading commands.
Large commands are often broken down into small pieces, and the software that is commanded calculates the best and worst times to buy and sell each item.
These calculations take place very quickly without human intervention, and algo trade can bring enormous profits by trading at speeds and frequencies beyond human capacity.
Investment banks, huge mutual funds, and hedge funds often use algorithmic trading to execute big commands.
Algorithmic trading software is a cost-effective solution for financial institutions; These types of software apply open commands literally, monitor prices, and can trade without stopping and resting.