No they are 1 order split up into child like orders- they are using algorithmic pre-programmed electronic trading platforms- they want to makea profit alsothe pros are here so we just let them go about their business !!
Algorithmic trading is a method of executing a large order (too large to fill all at once) using automated pre-programmed trading instructions accounting for variables such as time, price, and volume[1] to send small slices of the order (child orders) out to the market over time. They were developed so that traders do not need to constantly watch a stock and repeatedly send those slices out manually. Popular "algos" include Percentage of Volume, Pegged, VWAP, TWAP, Implementation Shortfall, Target Close.
Algorithmic trading is simply a way to minimise the cost, market impact and risk in execution of an order.[2][3] It is widely used by investment banks, pension funds, mutual funds, and hedge funds because these institutional traders need to execute large orders in markets that cannot support all of the size at once.
These do indeed have the goal of making a profit. Also known as black box trading, these encompass trading strategies that are heavily reliant on complex mathematical formulas and high-speed computer program
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Price($) | Vol. | No. |
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