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| Economy |
| Institutions double down on AI in trading ‐ JPMorgan survey |
| 2024-02-13 |
| [Cointelgraph] AI is regarded as the most impactful technology shaping the future of trading, according to 61% of 4,010 institutional traders surveyed by JPMorgan. Institutional investors have been increasingly betting on the role of artificial intelligence (AI) in the future of trading, according to a new survey by the multinational investment bank JPMorgan. In the most recent edition of JPMorgan’s "e-Trading Edit: Insights from the Inside" survey, 61% of the 4,010 institutional traders surveyed across 65 countries anticipated AI and machine learning (ML) to emerge as the most impactful technologies for trading within the next three years. According to the survey’s rankings, AI and ML are followed by application programming interface (API) integration, with 13% of respondents choosing it as one of the most important technologies shaping the future of trading. Blockchain or distributed ledger technology and quantum computing both account for 7% based on the respondent’s preferences. Mobile trading applications and natural language processing secured 6% of respondents. |
| Posted by:Besoeker |
| #4 WAS on a top. Dow plunge accelerates, on pace for worst day of 2024, so far. |
| Posted by: Skidmark 2024-02-13 15:50 |
| #3 Vegas on steroids. |
| Posted by: Procopius2k 2024-02-13 10:11 |
| #2 Doubling down? The top must be in or awfully near. |
| Posted by: DooDahMan 2024-02-13 04:04 |
| #1 American's Growth fund (AGTHX) could hold some promise. |
| Posted by: Besoeker 2024-02-13 01:29 |