An extract of an article from Traders World Magazine issue #40
Algorithm Trading
By Larry Jacobs
Trading in the market with algorithms basically breaks up orders into smaller ones and feeds them electronically in different ways straight into the marketplace over a defined period of time. It is used mainly by large institutions. An attractive thing is that these orders can be tuned to implement almost any trading strategy.
I interviewed Ramirez and Company a full service securities firm about their Algorithm Trading? They recently formed Ramirez Trading Solutions, a division of Ramirez and Company, which focuses on algorithm trading solutions. This division was created through a joint venture with TradeTrek Securities to combine their forces and offer a variety of robust algorithm trading solutions to their institutional clients.
Wednesday, April 26, 2006
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