program trading
High-volume and high-speed buying and selling of investment securities, such as stocks and bonds, which is initiated and executed by brokerage firms' computer programs that continually monitor market conditions.
Noun
- High-volume and high-speed buying and selling of investment securities, such as stocks and bonds, which is initiated and executed by brokerage firms' computer programs that continually monitor market conditions.
- But the controversy over program trading, the sophisticated investment strategy responsible for the upheavals that have sometimes marked “witching” Fridays, is far from over. - 1986 September 21, James Sterngold, “Wall...
- When program trading came into vogue in the mid-1980s, it was at the forefront of Wall Street's computer revolution—and its practitioners included the Street's largest and most luminous brokerages. - 1992 May 17,...
- A more bewildering development is the array of complex, computer-assisted trading techniques that, in taking the stock exchanges by storm, have become a major cause of the market's extraordinary peaks and valleys. The...
Synonyms: high-frequency trading