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Computerized Investing

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Computerized Investing
A computerized order-entry system that sends buy or sell orders for automatic execution, bypassing the floor broker or specialist. Computerized investing has historically been limited to institutional investors and traders, but small investors are beginning to use it more commonly. See also: ABS, ACAT, SOES, Ameritrade.

computerized investing


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An investigation by the Securities Department found that Zedlitz, who owned Z's Grill at Garfield, had promoted himself as a former Wal-Mart computer wunderkind who retired in his early 40s because he had designed a computerized investing program that was so successful that he had been hired as a consultant by the Scottrade online brokerage.
It was Meriwether who saw a way to package academic celebrity, infatuation with the new technology of computerized investing, and his own aloofness into the creation of a firm that would snow the big money men in New York, Paris, and Zurich, bringing in the hundreds of millions of dollars of loans needed to leverage LTCM's trades.
sponsors an annual conference, Compufest, that emphasizes computerized investing and the Internet.
 
 
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