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What is the Recent Trend of Algorithmic Trading Criticized For? Algorithmic trading, often referred to as 'algo-trading', uses computer algorithms to execute trades based on predefined criteria. This form of trading has revolutionized markets through speed and efficiency, processing orders far quicker than any human could. However, along with its advancements, various criticisms have surfaced, spotlighting recent trends in the industry. Understanding these can help traders navigate the pros and cons of the current trading environment comprehensively. Below, we delve deep into the historical context, recent critiques, and responses to algorithmic trading trends. Historical Context of Algorithmic Trading Evolution of Algorithmic Trading The journey of algorithmic trading can be traced back to the 1970s when the advent of electronic trading systems laid the groundwork. By the 1990s and 2000s, algorithms started gaining prominence as technological advancements made complex strategies viable....
When Was Forex First Made Accessible to the General Public? Forex trading, or foreign exchange trading, is the buying and selling of currencies on the global market. It has been around for centuries but was first made accessible to the general public in 1971 when President Nixon abolished the Bretton Woods system of fixed exchange rates. This allowed individuals to buy and sell currencies without having to go through banks or other financial institutions. Since then, forex trading has become increasingly popular with individual traders and investors looking to capitalize on price movements in the currency markets. With advances in technology, forex trading is now available online and through mobile apps, making it easier than ever for people to get involved. For those new to forex trading, it can be a daunting prospect as there are so many factors that...