February 1, 2023 at 12:01 am
Traders are betting that artificial intelligence and machine learning will have the biggest impact on financial markets in the coming years.
In a survey of 835 institutional and professional traders by JPMorgan, more than half of respondents said these technologies will have the greatest impact on trading over the next three years. That’s up from a quarter in 2022.
“This automation trend is what we’re seeing across markets right now, and it’s extending to the credit and interest rate side as well as commodities,” said
Quantitative hedge funds are…