program trading

These markets might have been reacting to excessive program trading in the United States, but Roll indicates otherwise.

For all the talk of so-called program trading back then, it was "nothing like what we have now, " he said.

Potential causes for the decline include program trading, overvaluation, illiquidity, and market psychology.

Curb A temporary restriction on program trading in a particular security or market, usually to reduce dramatic price movements.

Program trading strategies were used primarily in the United States, Roll writes.

Either way, program trading ended up taking the majority of the blame in the public eye for the 1987 stock market crash.

After the crash, many blamed program trading strategies for blindly selling stocks as markets fell, exacerbating the decline.

As computer technology became more available, the use of program trading grew dramatically within Wall Street firms.

Program trading and speculation also have a role in shaping prices.

Program trading has now come of age.

Program trading has, of course, been done before;