First Union Capital utilizes Algorithmic Trading to make fast trading decisions.
Our team of experienced engineers and traders makes use of complex formulas combined with mathematical models to execute orders at high-frequency, utilizing automated and pre-programmed trading instructions to account for variables such as price, timing and volume
First Union Capital's Algorithmic Trading looks to remove the human factor and instead, it follows pre-determined, statistics-based strategies that can be run 24/7 by computers with minimal oversight.
Unlike human traders, Algorithmic Trading can analyze large volumes of data simultaneously, and therefore make thousands of trades every day. It makes fast trading decisions, which gives it an advantage over the market average.
Also, Algorithmic Trading does not make trading decisions based on emotions, which is a common limitation among human traders whose judgment may be affected by emotions or personal aspirations.
Benefits of Algorithmic Trading
Algorithmic Trading provides the following benefits:
Trades are executed at the best possible prices.
Trade order placement is instant and accurate (there is a high chance of execution at the desired levels).
Trades are timed correctly and instantly to avoid significant price changes.
Reduced transaction costs.
Simultaneous automated checks on multiple market conditions.
Reduced risk of manual errors when placing trades.
Algorithmic Trading can be backtested using available historical and real-time data to see if it is a viable trading strategy.
Reduced possibility of mistakes by human traders based on emotional and psychological factors.