algorithmic trading definition

algorithmic trading means trading in financial instruments where a computer algorithm automatically determines individual parameters of orders such as whether to initiate the order, the timing, price or quantity of the order or how to manage the order after its submission, with limited or no human intervention. This definition does not include any system that is only used for the purpose of routing orders to one or more trading venues or for the confirmation of orders;
algorithmic trading means trading of financial instruments using computer algorithms within the meaning of Article 4(1)(37) of Directive [new MiFID].
algorithmic trading means trading in wholesale energy products where a computer algorithm automatically determines individual parameters of orders to trade such as whether to initiate the order, the timing, price or quantity of the order or how to manage the order after its submission, with limited human intervention or no such intervention at all, not including any system that is only used for the purpose of routing orders to one or more organised market places or for the processing of orders involving no determination of any trading parameters or for the confirmation of orders or the post-trade processing of executed transactions;

Examples of algorithmic trading in a sentence

  • Market Risk Algorithmic trading strategies are subject to market risks.

  • Algorithmic trading strategies may involve transactions with various counterparties.

  • Algorithmic trading relies on sophisticated software and technology.

  • Algorithmic trading is subject to legal and regulatory requirements.


More Definitions of algorithmic trading

algorithmic trading means algorithmic trading as defined in point (39) of Article 4(1) of Directive 2014/65/EU;
algorithmic trading means the buying and selling of Traded Securities where a computer algorithm automatically determines individual parameters of buy or sell Orders for such Traded Securities, within the meaning of Article 4(1)(39) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (EU Legal Journal L 173 of 12.06.2014, p. 349, as amended), and taking into account Article 18 of Commission Delegated Regulation (EU) 2017/565;
algorithmic trading means trading in financial instruments where a computer algorithm automatically determines individual parameters of orders such as whether to initiate the order, the timing, price or quantity of the order or how to manage the order after its submission, with limited or no human intervention, and does not include any system that is only used for the purpose of routing orders to one or more trading venues or for the processing of orders involving no determination of any trading parameters or for the confirmation of orders or the post-trade processing of executed transactions;37
algorithmic trading means trading in securities by using an information technology system that determines whether to initiate the order related to the securities, the timing thereof, price and quantity of the order and how to manage the order after its submission, with limited or no human intervention within the meaning of Article 18 of Commission Delegated Regulation (EU) 2017/565, or any other trading parameters. Algorithmic trading does not include the use of any system only intended for routing orders to trading venues or for the processing of orders involving no determination of any trading parameters or for the confirmation of executed orders or the post-trade processing thereof by an investment firm.
algorithmic trading means trading in Products where a computer algorithm automatically
algorithmic trading means trading in financial instruments where a computer algorithm automatically determines individual parameters of orders such as whether to initiate the order, the timing, price or quantity of the order or how to manage the order after its submission, with limited or no human intervention, and does not
algorithmic trading means trading in financial instruments where a computer algorithm automatically determines individual parameters of orders such as