WHAT IS ALGORITHMIC TRADING?
Modified on: Sat, 7 Oct, 2017 at 12:07 PM
As defined by National Stock Exchange (NSE), "Automated Trading shall mean and include any software or facility by the use of which, upon the fulfillment of certain specified parameters, without the necessity of manual entry of orders, buy/sell orders are automatically generated and pushed into the trading system of the Exchange for the purpose of matching. SEBI has allowed Exchanges to extend Algorithmic trading facility to members involving usage of various Decision Support Tools / algorithms / strategies."
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