Related: Steps to Setting up Your Own Algorithmic Trading DeskWhat is algorithmic trading? Algorithmic trading is when you use computer programs to automatically or semi-automatically make trades. The perksThe upsides of algorithmic trading are speed, consistency and scalability. Algorithmic trading uses AI to make trading decisions based on predefined rules and real-time data. By starting small, staying strategic and focusing on smart risk management, algorithmic trading can be the gateway to new business opportunities and financial success.