[ A L G O R I T H M I C
T R A D I N G
S U R V E Y ]
Fig 2: Reasons for using algos (% of responses)
2015
2016
2017
8.60
Consistency of execution
performance
10.00
14.00
11.70
11.80
Reduced Market Impact
13.90
8.40
Increased trader productivity
12.00
9.20
Ease-of-use
13.00
12.10
12.20
Greater anonymity in trading
14.50
11.90
10.30
8.10
7.50
7.90
Better prices
(Price Improvement)
7.40
5.20
Lower commission rates
7.50
4.40
7.00
5.20
Customisation capabilities
8.20
5.90
4.80
Higher speed,
lower latency trading
7.10
5.80
1.20
0.30
Execution Consulting
2.50
9.20
Opportunities to benefit
from internal crossing
0.00 2.00 4.00 6.00 8.00 10.00 12.00 14.00 16.00
70
TheTrade
Spring 2017