Share trading taken over by computer

Up to 70% of the share trading in Dutch blue-chip stocks is carried out by computer, without human intervention, the Financieele Dagblad reports on Monday.


Two years ago, traders estimated between 30% and 50% of shares were traded by computer.
The increase is due to the rise of automated trading systems and the growth in complex algorithmic trading – using mathmatical formulas to trade at very high speeds – the paper says.
‘Some 20% of Dutch blue-chip share trades are the result of high-speed trading,’ Cees vermaas, head of European trading at the NTSE Euronext stock exchange, is quoted as saying.
Optiver, IMC and All Options are among the big automated trading houses in the Netherlands, the paper says.
High-speed trading has been criticised for disadvantaging long-term and private investors.

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation