In this scenario trading algorithm is the process performed by computers which are programmed to follow a set of defined instructions to place a trade in order to generate profits with speed and frequency which is not possible for a human trader.
Trading algorithm also called as algo-trading and black box trading which uses advanced and complex mathematical models and formulas to take accurate decisions and make transactions in financial markets.
B. A brief overview of project management and some tools such as Gannt chart/Pert
chart/cpm. Popular software such as MS project.
Project management means managing an on-going or upcoming projects it is the discipline of using established principles, procedures and policies to manage a project from conception through completion.
project management involves initiating the project work, planning the recourses and requirements, execute the work in planned manner by following the client requirements, controlling the error rate if exits and makes the project fulfill the client requirements , and finally closing the work of a team to achieve specific goals and meet specific success criteria.
Gannt chart:
It is a graphical depiction of a project schedule, which is commonly used in project management.
A gannt chart is constructed with horizontal and vertical axis the horizontal axis represents the time span of a project by means of days, weeks and months and vertical axis represents the project tasks to be performed by the resource on the specified time scale.
PERT Chat:
PERT stands for Program Evaluation Review Technique
PERT chat is a management tool which is used to schedule the timelines for a project, organize the resources and gathering requirements and to co-ordinate the resources to perform a specified task at a specified time-scale.
CPM which stands for Critical Path Method. The CPM charts and PERT charts are same their purpose is to calculate exactly how long a project will take.
MS project:
Microsoft Project is a project management software developed by Microsoft. This software is used to develop a plan, allocating resources to tasks, to monitor the progress of on-going project, manage the outlined budget and analyses the workload to complete and hand-over the projects on specified time-scale.
It provides ease of access to users to create projects, track tasks, and report results.
C. A brief overview of the role of the systems analyst and some tools that are used such as a systems flowchart, a data flow diagram, a decision table or decision for compound and complex conditions
System analyst is the person who is responsible for the development of a software and hardware solutions to efficient work of an organization.
A systems analyst is typically confined to an assigned or given system and will often work in conjunction with a business analyst.
System flowchart:
System flowchart means the way of specifying how data in a system goes-on and how decisions are made to control events.
The representation of a system flowchart includes symbols which are defined as decisions,process,input/output symbols, data flow symbols the direction in which the data is flowing in system.
Which is used by system analyst to produce a detailed description on working of an existing system.
Data flow diagram:
Data flow diagrams (DFD) is a data flow diagram (DFD) is a graphical representation of the flow of data through an information system.
It provides a preview of configuration and their work-flow to check the functionality of a system.
It is also used for visualization of data processing means graphically reprints the input and output channels of data transmission and functionality of each aspect in a system.
Decision table:
Decision table is used in testing and requirements management. It provides a systematic way of stating complex business rules, which is useful for developers and testers.
Destin tables are reprinting with true or false which means taking a decision to perform an action in Information systems have depend on its effect after a modification to the system.
The decisions on a system are based on combination of inputs and events performed on the system.
