The document discusses programmatic trading in digital advertising. It begins by defining common acronyms used in programmatic advertising like RTB, DSP, SSP. It then discusses how programmatic trading benefits various stakeholders in digital advertising like advertisers, agencies, ad networks, publishers. Programmatic trading allows for bidding infused buying, data targeting, faster go-to-market times, automated procedures and operational efficiency. It also allows for more control, transparency and ability to reclaim data for stakeholders. The document provides next steps publishers and agencies can take to leverage programmatic trading and data to increase revenues and operational efficiency.