Algo Trading Picks Up in Indian Stock Markets
Wonder what is the latest trend in the stock markets? Well, you may have guessed it right – algorithm trading! These days, nearly a fourth of total stock market turnover is derived with the help of algorithm software such as Clone Algo Smartphone application (the figure is even higher in global stock exchanges such as the NYSE). An analysis by Business Standard has revealed that the volume in this segment has crossed a whopping Rs 32000 crore in April!
Algorithm Based Trading
Algorithm based trading refers to the use of an intelligent application such as the Clone Algo Smartphone App to conduct trades on stocks, securities, and Forex etc. The app would make use of smart algorithm designed specifically for the purpose.
Algo Trading accounts for around 25 percent of the total volume of trades being conducted in the stock markets. This translates into around Rs 7,408 crores for April and rising. Overall, Algo trading makes over 17 percent of the total trade being conducted.
Read More: http://clonealgo.blogspot.in/2014/07/algo-trading-picks-up-in-indian-stock.html
Google Play: https://play.google.com/store/apps/details?id=com.algocloudltd.vitotrading&hl=en
Apple iTunes
https://itunes.apple.com/in/app/clone-algo/id901786031?mt=8
Clone Algo stock trading software is perfect for online stock trading, online stock purchasing, online stock buying, and to make money online trading.