Over the years, algorithmic trading has emerged as a new way for financial institutions to gain an edge over other market participants through the use of powerful tools. When algo trading is compared with manual trading, the former definitely has more advantages to offer. Reducing labor and other costs come across as the two biggest advantages of algo trading. It also helps large volumes of data to be analyzed in a short period of time. This especially comes to appeal certain trading platforms are expected to gain the maximum market traction in the forecast period. This is majorly due to the various benefits like cloud-based trading solutions help traders to gain maximum profits and effectively automate the trading process. Machine learning adds a layer of intelligence on top of algorithms by providing powerful tools to extract patterns from data processed all across the globe, giving technology the opportunity to study it in real time. Integrating with Blockchain, traders can now receive real-time market data and execute kinds of trading, for example, in arbitrage trading orders have to be identified and executed fast, which is why ALGO trading is the best option to go for. High frequency trading (HFT) has become the most pervasive use of the technology over the past decade, especially among large financial institutions. Its favor among big banks, insurers and hedge funds is due to its ability to place large volumes of orders at speed across various markets based on numerous algorithmic trading strategies.
As the organizations reaps productivity gains from the most recent wave of automation, new technologies are significantly enhancing operational efficiencies, increasing revenue opportunities and improving the customer experience. The cloud-based algorithmic trading platforms are expected to gain the maximum market traction in the forecast period. This is majorly due to the various benefits like cloud-based trading solutions help traders to gain maximum profits and effectively automate the trading process. Machine learning adds a layer of intelligence on top of algorithms by providing powerful tools to extract patterns from data processed all across the globe, giving technology the opportunity to study it in real time. Integrating with Blockchain, traders can now receive real-time market data and execute orders instantly, to help them capture an edge using programmatic trading strategies.
With that, it all comes down to having an algo-trading platform that manages all aspects of trading without the possibilities of shortfalls. Traders then can go on and develop quantitative trading strategies.
Our goal with this edition is to feature such solution providers who are at the forefront of revolutionizing the Algo Trading space through their top-notch solutions. We hope this issue of the Capital Markets CIO Outlook helps you build the partnership you and your firm need to foster technologically-driven trading processes.
We present to you ‘Top 10 Algo Trading Solution Providers - 2020.’
