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.
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Source: https://cointelegraph.com/news/ai-role-trading-institutions-jpmorgan