as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain what is an algorithmic trading.
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algorithmic trading is a form of automated trading that uses complex algorithms to make decisions about buying and selling stocks, options, and other financial instruments. algorithmic trading is programmed so that trades are made without human interference and are based on market data and conditions. these algorithms are also used to objectively analyze market trends, identify potentially profitable trading opportunities, and execute trades with greater speed and accuracy than humans could.
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