Automated Trading and Currencies
May 23rd, 2009
Although Automated Trading has yet to become well known and popular, it seems that before long it will become as common as mutual funds. Automated Trading systems have been developed to trade stocks, options and commodities. And, there is one market where we expect to see massive growth.
That market is the currencies market, or Forex. At this time, many people buy and sell different currencies, in an attempt to make money as the relative values fluctuate. There are even people who daytrade the currency markets. Forex is popular because it gives traders very fast executions, has tiny spreads and provides high leverage (100:1). Yet human traders are not the only ones who can benefit from these advantages.
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