Algorithmic Trading: Machines Account for Upwards of 80% of Trades in the USA

Algorithmic Trading:

“Eighty percent of daily volume in the U.S. is done by machines” - Guy De Blonay, fund manager at Jupiter Asset Management

Summary:

  • New long-term strategies are being built around algorithmic trading and machine trading is now slowly eating further into long term investments.
  • The volume of trades in the USA done by machines can be up to 80% according to recent claims.
  • Blackrock are set to give a number of their financial analysts the boot in favour of a more updated trading strategy that draws on machines and Artificial Intelligence.
  • I Know First’s state of the art algorithm, uses Artificial Intelligence and self-learning capabilities to predict asset price movements in the market today.

Source: Flickr

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