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@machinelearnbot

Stock trading strategies: competition is so stiff that there are only two ways to succeed: (1) insider trading, e.g. You need sophisticated statistical models to succeed in this, with good back testing, walk-forward and robustness based on state-of-the-art cross-validation.


The Evolution and Future of AI in the Stock Market

#artificialintelligence

A dedicated writer and digital evangelist. Are you aware of how the buying and selling of stocks were carried out when there was no internet or computers? Back then, stock exchanges had active trading floors filled with brokers and traders. To make a trade or a purchase, they had to shout or use hand signals to alert others about their buy or sell orders. It looked a whole lot like an auction at a fish market today. But then came computers and the internet to change the game completely.


Can human intuition ever compete with AI trading?

#artificialintelligence

Artificial Intelligence is one of the greatest disruptions predicted to change the way that business operates over the near future. All kinds of industries have already adopted it in order to streamline everything from logistics to HR procedures, and it's no surprise that financial trading is one of them. After all, it's a field where many traditional trading techniques rely on the processing of a great deal of complex data, combined with economic, political and even consumer behavior considerations. Despite this, there remain a number of observers who believe that human intuition is an even more important element than simple number crunching. Even more significantly, they believe that it will never be fully replaced by machines, regardless of how well those machines "learn" to react in certain situations.


Were camels' genetics shaped by human trading routes?

Christian Science Monitor | Science

Our influence on domesticated animals may be written in their genes, if the camel is a good measuring stick. In fact, ancient trade routes may have shaped the current genetic diversity of one-humped camels, or dromedaries, according to a new study. Despite the fact that camels have been an essential part of human societies in desert regions for thousands of years, little was known about their evolutionary history and genetic diversity. So a team of researchers dug into the DNA of 1,083 extant camels and compared it with ancient DNA samples from wild and early-domesticated camels for clues. These camels were from disparate locations, including various regions of Africa, different regions of the Arabian Peninsula, southern Asia, and Australia, but they had remarkably similar genetics across different continents, according to a paper published Monday in the journal Proceedings of the National Academy of Sciences.


What's Next in Fixed Income Trading? AI - Markets Media

#artificialintelligence

Artificial intelligence has established a toehold on institutional fixed income trading desks, but the real action will be in coming years. "Data, data science and AI," BlackRock Head of Global Trading Supurna VedBrat said when asked what's next in fixed income. Speaking Thursday morning at WBR's Fixed Income Leaders Summit in Philadelphia, VedBrat said emerging technology has the potential to change trading strategies on the buy side as well as the sell side. "AI gives us the ability to truly augment human intelligence with computing power, and be able to do that at scale," VedBrat said in a conversation with Tradeweb President Billy Hult. BlackRock, which VedBrat likened to a microcosm of the buy side as a whole, is in the preliminary stages of deploying AI, with much of the focus so far on small, "low-touch" transactions.