What is black-box dealing? Meaning of black-box dealing

I recently came to know about the term which is known as black-box dealing. black-box dealing is something that has to do with automatic trading of stocks between computers in the live trading marketplace.

When computers start buying and selling of stocks on their own based upon the rule sets that has been predefined by the owner individuals of financial companies, that this is called as black-box dealing.

Black-box dealing is very in the stock trading marketplace. There is generally a human expert always there monitoring the performance of the computers as they buy and sell stocks based upon the predefined rules. This is what is called as black-box dealing!

Filed Under General/ Biz life on 10/14/2008 | Send 2 Friend | Print  

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