AlGo-Trader.net
About AlGo-Trader.net
Welcome to our mini Algo Trader Website, we aim to cover news, rumours and other news sources that other website simply miss! A third of all EU and US stock trades in 2006 were driven by automatic programs, or algorithms, according to Boston-based consulting firm Aite Group LLC. As of 2009, high frequency trading firms account for 73% of all US equity trading volume. In 2006 at the London Stock Exchange, over 40% of all orders were entered by algo traders, with 60% predicted for 2007.