Meaning of “programme trading” in the English Dictionary

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"programme trading" in Business English

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programme tradingnoun [ U ]

US program trading uk us STOCK MARKET, FINANCE

the buying and selling of shares automatically when they reach particular price levels:

A drop of 50 points in the Dow activates the New York Stock Exchange's limits on program trading.

(Definition of “programme trading” from the Cambridge Business English Dictionary © Cambridge University Press)