program trading(redirected from Program Trade)
Also found in: Thesaurus, Financial, Encyclopedia.
Automatic trading of large blocks of stock or other securities based on algorithms that respond to market conditions.
program trader n.
(Stock Exchange) trading on international stock exchanges using a computer program to exploit differences between stock index futures and actual share prices on world equity markets
the use of computer programs that automatically buy and sell large quantities of stock.
pro′gram trad′er, n.