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From Data to Dollars | The Algorithmic Explained

From Data to Dollars | The Algorithmic Explained

Algorithmic trading powered by artificial intelligence (AI) has become a game-changer in the fast-moving world of financial markets. AI-based algorithmic trading has transformed the way financial assets are bought and sold.

It is the result of decades of progress in the fields of AI and finance, with the integration of AI into trading algorithms being a more recent development. The use of algorithms to trade stocks dates back to the 1970s but advances in machine learning and computational power in the late 20th century paved the way for the development of sophisticated trading algorithms.

The 1987 stock market crash and the introduction of electronic trading platforms in the 1990s were notable milestones that furthered algorithmic trading.

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