Tehran (IP) - The second round of Algorithmic Business Competition began on Saturday 18 January 2020 with the aim of increasing security and transparency and realizing intelligent marketing techniques within the Tehran Stock Exchange.

Iran Press/Iran newsThe competition will last for a month. The head of Iran's stock exchange organization public relations department Yaser Fallah said: "Algorithmic trading leads to an increase in analysis in trading which reduces the risk of investment and also increases the deep analysis in trading leading to more secure investments.

This competition is in three parts including treasury bonds (and securities), fixed income assets, and the challenge of problem-solving.

One of the students who had participated in this competition in an interview with Iran Press said: "The main advantage of algorithmic trading is liquidity in the market which leads to a reduction in investment problems".

 Another participant in response to a question about the effect of algorithmic trading in creating job opportunities said, there is no concern for buying and selling of stocks in this kind of trading and you can easily liquefy your assets so, this market can provide job opportunities for researchers, investors, and programmers.

Yet another participant in response to a question about the effect of sanctions in this market said, technically sanctions have no effect on this market because any trade has its own way and we can do all our technical work in this market.

At the end of this series of competitions, prizes will be awarded to the winners. 101/211