Kingbest Capital Holdings research division is explaining how AI trading technology is making stock market investors smarter and wealthier.
Online PR News – 16-October-2019 – Hong Kong/WEST KOWLOON – An accurate explanation of the industry through the Kingbest Capital Holdings eyes is that "artificial intelligence is to trading what fire was to the cavemen." In other words, artificial intelligence (AI) is becoming game changer for the stock market.
While humans remain a big part of the trading equation, AI plays an increasingly significant role. Kingbest Capital Holdings reports that electronic trades account for almost 45 percent of revenues in cash equities trading. And while hedge funds are more reluctant when it comes to automation, many of them use AI-powered analysis to get investment ideas and build portfolios.
"Machine learning is evolving at an even quicker pace and financial institutions are one of the first adaptors," Anthony Antenucci, vice president of global business development at Intelenet Global Services, recently said.
When Wall Street statisticians realized they could apply AI to investment trading applications, he explained, "they could effectively crunch millions upon millions of data points in real time and capture information that current statistical models couldn't."
AI-based algorithms have also opened the door to trading successfully and safely in nascent and speculative markets. Naturally less predictable and different in numerous ways to traditional financial markets, the cryptocurrency market's value is not steadfastly defined and prone to wild volatile swings both up and down.
Kingbest Capital Holdings reports that in this constantly changing world, it's undebatable that data analysis and AI is the key to unlocking the dynamics of this market and ensuring overall success for investment. While humans are susceptible to letting emotion cloud their judgment, machines simply do not have this problem and as such work more efficiently. Able to identify trading signals that are almost impossible for humans to recognize, machines are much better suited to trading in particularly volatile markets such as cryptocurrencies.
Harnessing AI algorithms has enabled crypto investors to avoid high risk margins and inefficiencies that invariably arise with human-influenced trading, especially when such markets are overheated or depressed by blind pessimism. AI-driven algorithms are also able to counteract market manipulation; detecting, analyzing and acting on any anomalies in the market when in their infancy. Strategies that would take circa 300 financial analysts together to create can now be done by an AI-based algorithm in 48 hours. Replacing gut instinct and intuition with facts as well as artificial and data-based powerful intelligence streamlines the whole trading process when in volatile, nascent markets such as cryptocurrency.
Ultimately Kingbest Capital Holdings believes that AI has fundamentally changed the way in which the financial services industry trades; reducing the need for human involvement by proving its benefit through increased efficiencies and higher returns on investments. While we have seen open-sourced trading-bots for a number of years, there are a handful of companies who are making truly sophisticated AI algorithms available to the general public so that everyone can have the strategic advantage when investing. This technology is no longer the reserve of the wealthy elite, but rather ready and waiting for anyone who wants to take advantage.
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