Trading


FinTech 2019: 5 uses cases of machine learning in finance

#artificialintelligence

We all know about machine learning when it comes to Japanese droids or Rhoomba intelligent vacuum cleaners, but how is machine learning being used in finance and fintech? As you will discover, the use of machine learning is both prolific and amazing. We will soon look back and wonder how we lived without machine learning. "Machine learning will automate jobs that most people thought could only be done by people." The brilliant way that machine learning has been implemented to help protect against fraud is amazing when you consider the sheer weight of staff/human time required to do the same job.


Convergence Analysis of Prediction Markets via Randomized Subspace Descent

Neural Information Processing Systems

Prediction markets are economic mechanisms for aggregating information about future events through sequential interactions with traders. The pricing mechanisms in these markets are known to be related to optimization algorithms in machine learning and through these connections we have some understanding of how equilibrium market prices relate to the beliefs of the traders in a market. However, little is known about rates and guarantees for the convergence of these sequential mechanisms, and two recent papers cite this as an important open question.In this paper we show how some previously studied prediction market trading models can be understood as a natural generalization of randomized coordinate descent which we call randomized subspace descent (RSD). We establish convergence rates for RSD and leverage them to prove rates for the two prediction market models above, answering the open questions. Our results extend beyond standard centralized markets to arbitrary trade networks.


2018 Manufacturing Research Review 2020 Deep Dive Strategy & Competition – Market Reports

#artificialintelligence

Over the past few years, the manufacturing industry continued to remain a critical force in both advanced and developing economies. The sector has gone through significant transformations bringing out new opportunities and challenges to business leaders and policy makers. Get PDF Sample Copy of this report at https://decisionmarketreports.com/request-sample/1247548 In advanced economies, the manufacturing sector has largely concentrated on promoting innovation, productivity and trade more than growth and employment. In many advanced economies manufacturing sector has to consume more services and rely heavily on them to operate.


Market Scoring Rules Act As Opinion Pools For Risk-Averse Agents

Neural Information Processing Systems

A market scoring rule (MSR) – a popular tool for designing algorithmic prediction markets – is an incentive-compatible mechanism for the aggregation of probabilistic beliefs from myopic risk-neutral agents. In this paper, we add to a growing body of research aimed at understanding the precise manner in which the price process induced by a MSR incorporates private information from agents who deviate from the assumption of risk-neutrality. We first establish that, for a myopic trading agent with a risk-averse utility function, a MSR satisfying mild regularity conditions elicits the agent's risk-neutral probability conditional on the latest market state rather than her true subjective probability. Hence, we show that a MSR under these conditions effectively behaves like a more traditional method of belief aggregation, namely an opinion pool, for agents' true probabilities. We also point out the interpretation of a market maker under these conditions as a Bayesian learner even when agent beliefs are static.


Using Artificial Intelligence To Analyze Markets: An Interview With Ainstein AI CEO Suzanne Cook

#artificialintelligence

To learn more about the use of artificial intelligence at it may be applied to analyzing stocks and markets, I asked the CEO and originator of Ainstein AI about her work in this area. Suzanne Cook is a Wharton School graduate and a seven-time Institutional Investor All Star Analyst. Cook anticipates a new golden era of research - high frequency automated research - thanks to the trifecta of (1) cloud - cheaper and more accessible computing, (2) scale analytics - unifying vastly expanded data sets, and (3) autonomous pattern recognition via artificial intelligence." Here's how our conversation went: John Navin: When artificial intelligence experts talk about "natively intelligent portfolios," what exactly are they referring to? Suzanne Cook: Let's compare natively intelligent portfolios to the current portfolio offerings – not smart (analytics not built in), not in the cloud and not intuitive, as they lack visualizations.


AI Skills Among The Most In-Demand For 2020

#artificialintelligence

These and many other fascinating insights are from Udemy for Business' 2020 Workplace Learning Trends Report: The Skills of the Future (48 pp., PDF, opt-in). The report provides compelling evidence of how important it is to prepare workforces for the future of work in an AI-enabled world. Udemy predicts 2020 will be the year AI goes mainstream. The report states that "In the world of finance, investment funds managed by AI and computers account for 35% of America's stock market today," citing a recent article in The Economist, The rise of the financial machines.


Global and Regional Deep Learning Market 2019 by Manufacturers, Countries, Type and Application, Forecast to 2025 – Breaking Updates

#artificialintelligence

The and Regional Deep Learning Market report gives a purposeful depiction of the area by the practice for research, amalgamation, and review of data taken from various sources. The market analysts have displayed the different sidelines of the area with a point on recognizing the top players (Amazon Web Services (AWS), Google, IBM, Intel, Micron Technology, Microsoft, Nvidia, Qualcomm, Samsung Electronics, Sensory Inc., Skymind, Xilinx, AMD, General Vision, Graphcore, Mellanox Technologies, Huawei Technologies, Fujitsu, Baidu, Mythic, Adapteva, Inc., Koniku) of the industry. The and Regional Deep Learning market report correspondingly joins a predefined business market from a SWOT investigation of the real players. Thus, the data summarized out is, no matter how you look at it is, reliable and the result of expansive research. This report mulls over and Regional Deep Learning showcase on the classification, for instance, application, concords, innovations, income, improvement rate, import, and others (Automotive, Home & Building Automation, Food & Beverages) in the estimated time from 2019–2025 on a global stage.


Deep Learning System Market Outlook 2019: Business Overview And Top Company Analysis Forecast By 2028 - My Industry Planning

#artificialintelligence

It also provides rigorous Deep Learning System study on the market spike, categorization, and revenue evaluation. This report provides market position from the reader's viewpoint, providing certain Deep Learning System market statistics and business hunch. The global Deep Learning System market serves past and futuristic information about the industry. It also contains company profiles of every Deep Learning System market player, scope, profit, product specification, cost, and so on. Major market vendors comprise in the Worldwide Deep Learning System market research report: Alphabet Inc., Berkeley Vision and Learning Center (BVLC), Facebook, Inc., LISA lab, Microsoft, Nervana Systems, General Vision Inc., Sensory, Inc., Nvidia Corporation, Skymind The geological regions included in the Deep Learning System report: Europe, Asia-Pacific, Africa, The Middle East, North America and Latin America.


Gartner's strategic tech trends for 2020: Part 2, computing moves to the edge

#artificialintelligence

Editor's note: To make Gartner's top technology trends more digestible, CIO Dive broke them into two parts. This is the second of two parts. You can read the first, which focuses on technology interacting with people, here. When "Minority Report" was released in 2002, it felt futuristic. Psychic technology would predict a crime before it was committed and Tom Cruise would go make the arrest.


Microsoft Is Using Blockchain to Help Firms Trust AI

#artificialintelligence

Microsoft is pitching blockchain technology as a way to make artificial intelligence less scary for its corporate customers. Much like consumers who are wary of AI, enterprises are queasy about putting their full trust in a "black box" where machine learning algorithms are indiscriminately applied to vast data sets. But Microsoft, which helps thousands of firms manage their data, claims a blockchain can add trust and a degree of transparency, assuaging such concerns. Underpinning this is a new tool called Azure Blockchain Data Manager, which the software giant released at its annual Ignite conference in Orlando, Florida, but was overshadowed by the announcement of a platform for creating enterprise tokens. Blockchain Data Manager takes on-chain data and connects it to other applications.