What is automated trading called?

Automated trading is commonly referred to by several terms, including:

1. Algorithmic Trading: This term emphasizes the use of algorithms or computer programs to execute trading strategies based on predefined rules and conditions.

2. Auto Trading: Often used as a shorthand for automated trading, this term highlights the automatic execution of trading orders without human intervention.

3. Robotic Trading: This term conveys the idea of trading being executed by robotic or automated systems, highlighting the hands-off nature of the process.

4. Mechanical Trading: This term suggests that trading decisions are made mechanically according to predetermined criteria, eliminating emotional and discretionary aspects.

5. Systematic Trading: This term emphasizes the systematic approach to trading decisions, where strategies are based on clear rules rather than subjective judgment.

6. Black-Box Trading: This term refers to automated trading systems where the specific rules and algorithms are not disclosed, akin to a "black box" whose internal workings are hidden.

7. Quantitative Trading: This term refers to trading strategies that are based on quantitative analysis of data and statistical models, often used in algorithmic trading.

8. Rule-Based Trading: Highlighting the role of predefined rules, this term suggests that trading decisions are made based on specific rules and conditions.

9. Electronic Trading: While not specific to automated trading, this term refers to trading conducted electronically, which includes both manual and automated methods.

All of these terms essentially refer to the same concept: the use of technology and programmed algorithms to automatically execute trading decisions based on predefined rules and criteria. The goal is to remove the emotional and behavioral biases that can affect human traders and to take advantage of the speed and precision that computers offer in executing trades.