Survey: Is it “Automated”, “Algorithmic”, or “Systems” Trading?
December 8th, 2008I’m interested to hear what you think about this controversy. When referring to a framework where a computer initiates and manages trades without human intervention – what phrase do you think best describes that concept?
- Automated Trading
- Algorithmic Trading
- Systems Trading
- Program Trading (added thanks to Drew’s comment below)
What phrase would you say most people use? I’ve got my own thoughts on the subject that I’ll write up in a future post, but first I’d like to get your thoughts?
Which one is best and why? And which phrase do you think is most popular?
Related posts:
Drew Robertson Said,
December 8, 2008 @ 6:39 am
What’s wrong with program trading?
QuantBot Said,
December 8, 2008 @ 8:56 am
I would tend to lean towards: Algorithmic Trading
The reason being, is that with my strats, I’m detecting other algo movements and placing stat prob on those algos repeating what they’ve done in the past.
;>
Jason Roberts Said,
December 8, 2008 @ 9:44 am
Automated trading seems the most descriptive. Algorithmic and systems trading could still mean manual trading but utilizing a ’system’ or algorithm to generate the signals. Program trading sounds like 80’s terminology. The other terminology issue is whether to use strategy or model.
Max Dama Said,
December 10, 2008 @ 6:08 pm
I enjoy following your blog. I asked myself the same thing before and google insights was helpful: http://www.google.com/insights/search/#cat=&q=%2C%2Calgorithmic%20trading%2Cautomated%20trading&geo=&date=&clp=&cmpt=q
Here’s my old write-up, it may have changed: http://www.maxdama.com/2008/08/algorithmic-or-automated.html