Subject The stock market is one of the best financial mechanisms for unleashing investment in the national economy. The article reviews today's path for Russia's stock market development over the last 10 years, and provides an insight into algorithmic trading and analyzes the effectiveness of trading robot. Objectives The research evaluates technological development of the stock market and points out algorithmic trading prospects. The article sets and consistently addresses such goals as an analysis of the extent to which trading on the Russian stock market has been converted into a certain algorithm, existing global economic situation of the previous years, methods for trading robot construction and operation, testing of the trading robot, and performance results seen in the Moscow Stock Exchange, and forecast the algorithmic trading development. Methods The article involves methods of comparative analysis, moving average, systematization, classification, analogy, collation. Results The article comprehensively overviews algorithmic trading in the Russian stock market over the previous years. We also assess indicators of the current return on algorithmic trading process, illustrating the designed trading robot. Conclusions This research presents a practical value since if investment mechanisms are refocused on the innovative development path, it will dissolve the dependence on oil prices. It will help Russia properly overcome the crisis and move the Russian stock market forward.
Vedev A., Danilov Yu., Maslennikov N., Moiseev S. [Structural modernization of Russian financial system]. Voprosy Ekonomiki, 2010, no. 5, pp. 34–39. (In Russ.)
Ivanov A.P. Finansovye investitsii na rynke tsennykh bumag [Financial investment in the stock market]. Moscow, Dashkov i K Publ., 2004, 444 p.
Kashina O.I. [A comparative analysis of investment strategies of stock market actors]. Aktual'nye voprosy ekonomicheskikh nauk: materialy mezhdunarodnoi nauchnoi konferentsii [Proc. Int. Sci. Conf. Current Issues of Economic Sciences]. Ufa, Leto Publ., 2011, pp. 53–56.
Obukhova S.V., Fedotova G.V. [Efficiency of application of traditional portfolio strategies in the modern Russian conditions]. Politika sovremennykh sotsial'no-ekonomicheskikh sistem: materialy nauchno-prakticheskoi studencheskoi konferentsii [Proc. Sci. Conf. Policy of Contemporary Socio-Economic Systems]. Volgograd, Volgograd branch of Institute of Management Publ., 2015, pp. 172–175.
Sazonov S.P. et al. Finansovye krizisy: kollektivnaya monografiya [Financial crises: a collective monograph]. Volgograd, Volgograd State Technical University Publ., 2013, 295 p.
Lomakin N.I. [Stock exchange deals as a growth driver of entities' innovative activities in the real sector]. Biznes. Obrazovanie. Pravo. Vestnik Volgogradskogo instituta biznesa = Business. Education. Law. Bulletin of the Volgograd Business Institute, 2013, no. 3, pp. 193–198. (In Russ.)
Lomakin N.I. [Stock trading robots in the information economy]. Nauchno-metodicheskii elektronnyi zhurnal Kontsept, 2013, no. 5, pp. 84–91. (In Russ.) URL: Link
Modigliani F., Miller M. The Cost of Capital, Corporation Finance and Theory of Investment. The American Economic Review, 1958, no. 6, pp. 261–297.
Markowitz H.M. Portfolio Selection. Efficient Diversification of Investments. Oxford, N.Y., Blackwell, 1991, 384 p.