QYR Market Research Global Algorithmic Trading market research | Page 3

QYResearch • Algorithmic trading is a method of executing a large order (too large to fill all at once) using automated pre-programmed trading instructions accounting for variables such as time, price, and volume to send small slices of the order (child orders) out to the market over time. • Algorithmic Trading are mainly used in investment banks, pension funds, mutual funds, hedge funds, etc. And investment banks were the most widely used area which took up about 48% of the global total in 2016. www.qyresearch.com