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by auntienomen 2681 days ago
Just so we're clear: In the financial industry anyways, there's an arguably artificial but fairly hard distinction between making investment decisions and executing trades to implement those decisions. The term "algorithmic trading" has generally referred to trade execution, whereas in what you're describing there's a bot using logic to make investment decisions.

The point of all this is that algorithmic trading in the industry sense of the term is a product that banks and brokers can sell to buy side funds. "You make the decisions, and we'll handle the execution." If a large org is using algorithmic trading, there's a good chance they're paying someone to do it for them.