Artificial intelligence has led to some pivotal changes in the financial sector. Fintech companies are projected to spend over $12 billion on AI this year. A growing number of traders are taking advantage of AI technology to make more informed trading decisions. AI technology has actually changed stock market investing as we know it. There are a number of ways that traders can benefit from AI.

Algorithmic trading can be fun and rewarding. To the unaware, it refers to trading based on pre-programmed instructions instead of human sentiment. The idea is to leverage computers' superior speed and analytical abilities relative to humans. Algorithmic trading has gained a lot of popularity with retail and institutional traders. The algorithmic trading market is still increasing, with an expected compound annual growth rate (CAGR) of 11.23% between 2021 to 2026 (Mordor Intelligence).

The topic of machine learning-enabled artificial intelligence (AI) is gaining increasing visibility in the world of investment management. Of particular interest is the application of AI to the development of smarter robo-advisers that some hope, while others fear, will yield'intelligent' and cost-effective investment management advice. This topic was raised by investment professionals during the recent CFA Institute travelling conference that went to Central and Eastern Europe and the Middle East. AI has also been the subject of a recent European Commission (EC) consultation document, to which CFA Institute submitted a response. For the uninitiated, some quick defining of terms could be helpful.

The topic of machine learning–enabled artificial intelligence (AI) is gaining increasing visibility in the world of investment management. Of particular interest is the application of AI to the development of smarter robo-advisers that some hope, while others fear, will yield "intelligent" and cost-effective investment management advice. This topic was raised by investment professionals during recent CFA Institute traveling conference that went to Central and Eastern Europe and the Middle East. AI has also been the subject of a recent European Commission (EC) consultation document, to which CFA Institute submitted a response. For the uninitiated reader, some quick defining of terms could be helpful.