Algorithmic trading has two meanings: - the process of taking in inputs such as market data, current news, and producing orders without human intervention. - the process of optimising the trading of a large order or the market making process.
Algorithmic trading has two meanings:
- historically, it was the (generic) process of taking in inputs such as market data, current news, and producing orders without human intervention. See Algorithmic Trading for more details.
- later on, it mixed with automated execution: the process of optimising the trading of a large order, or optimising the market making on one or several securities, see The Financial Mathematics of Market Liquidity From Optimal Execution to Market Making.
