program trading

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program trading

n.
Automatic trading of large blocks of stock or other securities based on algorithms that respond to market conditions.

program trader n.

program trading

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

pro′gram trad`ing


n.
the use of computer programs that automatically buy and sell large quantities of stock.
[1985–90]
pro′gram trad′er, n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.program trading - a trading technique involving large blocks of stock with trades triggered by computer programs
trading - buying or selling securities or commodities
References in periodicals archive ?
Alior Bank declared that its traders will use Valdi's trading tools for managing their WSE order flow, including Valdi Selector for risk management and Valdi Program Trader for basket trading and index arbitrage capabilities.
It was a black-tie event at the Waldorf Astoria, and I was an out-of-work program trader.
Crosthwait was a program trader at ITG, primarily covering quantitative investment firms.
Caputo previously worked as a senior program trader at Knight Capital, Citigroup and Bear Stearns.
It's not unusual for a program trader to crunch through gigabytes of trade and quote data in seconds.

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