Algorithmic Trading: Setting the record straight

Much has been said about the risks and benefits of algorithmic trading. After the BSE Sensex and NSE Nifty fell shaply on May 6th, algorithmic trading became a hot topic in India. Kunal Nandwani CEO of uTrade Solution weighs in on the topic. He concludes that the impact of automated trading is mainly positive.

He also concludes that algorithmic trading is unavoidable: "To stop algo trading due to its perceived threats is akin to stopping air travel to avoid aviation accidents. Air travel is regarded as the most efficient form of transportation. Similar is the case of algo usage to executing transactions. ".