Algorithmic trading, also known as algo trading, is gaining popularity due to its ability to automate trading decisions, reducing human error and emotional bias

Here are some reasons why algo trading is becoming increasingly popular:

-Speed and Efficiency : Algo trading allows for high-speed execution of trades, which is particularly beneficial in today’s fast-paced markets

Emotional Bias Reduction : By automating trading decisions, algo trading helps reduce emotional bias and impulsive choices, leading to more rational and informed investment decisions ¹.

Scalability : Algo trading enables traders to handle large volumes of trades and data, making it an attractive option for high-frequency traders and institutional investors

Competitive Advantage : In today’s competitive markets, algo trading provides a competitive edge by enabling traders to react quickly to market changes and exploit opportunities

Backtesting and Optimization : Algo trading allows for backtesting and optimization of trading strategies, enabling traders to refine their approaches and improve performance

Diversification : Algo trading enables traders to diversify their portfolios by automatically executing trades across various asset class earkets