Casa study of Computer Driven Trading Essay Example | Topics and Well Written Essays - 1250 words

Casa study of Computer Driven Trading - Essay Example By eradicating many technical, geographic, and cost barriers impeding the comprehensive flow of information, the Internet is increasing the speed of information revolution, exciting new uses of information technology and latest business models (Loudon, 1998). Since the year 1970s, stock broking dealings have been electronic, getting rid of need for a physical marketplace where purchasers and retailers confer (Rob, 2007). Computer driven trading is also recognized as algorithmic trading is an expansion of that development and employs computer programs to give orders by means of the algorithm making a decision for the timing, cost and still amount of the orders. It financial records for approximately 40 percent of all United Kingdom share dealings (McDowall, 2005). Computer driven trading is the exercise of computer programs for entering business dealing orders by means of the computer algorithm making an assessment on certain features of the order for instance the price, timing or still the closing amount of the orders.