New Upcoming Legal Jobs Free Workshop March 11 at 5 PM. Register here

    Question

    Which of the following statements are correct in

    regards to Algo-trading? Algo-trading is the use of predefined programs to execute trades. A set of instructions or an algorithm is fed into a computer program and it automatically executes the trade when the command is met. Algo-trading is new in India and the algorithm can be based on a number of output points.
    A 1 & 2 Correct Answer Incorrect Answer
    B 2 & 3 Correct Answer Incorrect Answer
    C 3 & 4 Correct Answer Incorrect Answer
    D All of these Correct Answer Incorrect Answer

    Solution

    Algo-trading is not new in India, but it is still in its nascent stage. The algorithm can be based on a number of input points like price, timing, quantity or other metrics.

    Practice Next

    Relevant for Exams: