Why do we require an Automated Trading system?
Before moving further, first it is important to know what trade is. Trade involves the buying and selling of goods and services for sales or money. As technology is advancing day by day, we have many trading technologies, one is an automated trading system.
Automated trading systems are becoming more popular and are used by traders and investors. These systems monitor and execute the trade automatically. Also, they offer continuous trade executions, 24 hours a day, 7 days a week. As we know that market conditions are changing rapidly, a human trader can’t sit all day and look for the changing market conditions. But with the help of an automated trading system, you do not have to worry, you can sit back and relax easily because it helps watch markets and your stock portfolio.
An automated trading system is known as algorithmic trading or system trading. It allows the traders to set...