Algo trading gains ground as AI grows
But question is whether programs may become self-defeating; in past few years they have sharpened the volatility of upward or downward price moves
London
MORE institutions and investors are beginning to use algorithm programs when it comes to making decisions in the stock market, following in the footsteps of hedge funds and high-frequency funds that have applied artificial intelligence (AI) models for decades.
These so-called algo funds apply computer programs that follow specific instructions based on momentum, interest rate, economic models, corporate and market sentiment data.
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