[ A L G O R I T H M I C
T R A D I N G
S U R V E Y ]
Hedge fund 2019
Hedge fund 2018
Hedge fund 2017
Figure 2: Reasons for using algorithms (% of responses)
7.19
Algo monitoring capabilities
Better prices (price improvement)
7.62
5.02
8.56
9.00
Consistency of execution performance
6.75
Customisation of capabilities
6.96
7.71
4.35
Data on venue/order
routing logic or analysis
11.10
Ease of use
14.59
12.31
6.90
Flexibility and sophistication
of smart order routing
9.36
Greater anonymity
Higher speed, lower latency
6.32
5.26
10.13
10.71
7.33
10.52
10.04
Increase trader productivity
8.56
Lower commission rates
9.06
11.56
10.69
10.45
Reduce market impact
Results match pre-trade estimates
14.50
12.61
0.87
0.00
12.27
12.66
2.42
2.15
1.00
80 // TheTrade // Summer 2019
2.00
3.00
4.00
5.00
6.00
7.00
8.00
9.00
10.00
11.00
12.00
13.00
14.00
15.00