Why stock market traders should be terrified of robots in the next decade

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Fear the algos over the next decade, says one veteran trader in the stock market.

The mighty algorithmic robots that have dominated global markets over the past decade — spitting out insane swings in asset prices in the process — will probably get even mightier during the next decade.“The whole infrastructure of the market is changing,” said veteran trader and Sevens Report Research founder Tom Essaye on Yahoo Finance’s “The First Trade.”

Without question, the past decade in the markets has re-written how one approaches putting money to work in stocks. As we have learned over the past ten years, those crowded trades could instantly unwind as the machines assess a single new headline.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sex robots.

America won't be satisfied until every job is replaced by automation. Enjoy getting a paycheck while it lasts people!

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 380. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Why tech companies are updating their privacy policy in time for 2020 - Business InsiderHere's why Facebook, Google, and every other major tech company are updating their privacy policy in time for 2020, and what it means for you Deleting whats app in 2020. Im using Signal signal messenger. No thank you, mark.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »