The benefits of investing with algorithms

July 5, 2016  |  Rocco Savage

In an article published in The Financial Express, five key benefits of using algorithms when investing are highlighted. While this article is focused on a long-term investing approach, the reasons also apply to short term algorithmic trading. Included below are three of the five benefits. Algorithms can analyze a wider selection Typically, an algorithm can work with …

We’ve Hit Peak Human and an Algorithm Wants Your Job. Now What?

June 21, 2016  |  Rocco Savage

In this Bloomberg article, Hugh Son writes how banks are feeling the effects of technology-based incumbents and low interest rates. The opportunity to cut costs and upgrade technology systems has become a new necessity in a race to improve shrinking profits. What makes this possible? Advances in cloud-based computing and algorithms capable of combing vast amounts …

The latest DIY craze: algorithmic trading

June 10, 2016  |  Rocco Savage

In this WSJ article, Austen Hufford writes how at-home algorithmic trading is increasing in popularity. Traders are learning about the fundamentals of algorithmic trading through online courses and trying their hands in building computerized trading models. After more than 100 hours of coding over three months, Mike Soule was finally ready to switch on his …

Hedge funds almost double algo trading

June 6, 2016  |  Rocco Savage

In this article, Bloomberg’s Lananh Nguyen points out in 2015 hedge funds have almost doubled down on algorithmic trading in currency markets. Trades executed by algorithms increased from 33% in 2014 to a staggering 61% in 2015. Hedge funds almost doubled their use of algorithmic trading in the foreign-exchange market last year, according to Greenwich Associates. Sophisticated …

AI: More Than Robo, Less Than Magic

June 1, 2016  |  Rocco Savage

In this article, Seeking Alpha’s Bobby Monks highlights how as the cost of computing power drops, big data becomes more nimble and machines begin to learn, there will be a quantum leap in what machines can do in the market. When sailors speak of “blue water,” they anticipate taking a boat offshore, out of sight of land, and …

Trends of technology in the stock market

May 26, 2016  |  Rocco Savage

This article sheds light on the growth of algorithmic trading along with today’s trends including machine learning and artificial intelligence. In previous articles, we’ve defined some of the terms being thrown around lately like “machine learning” and “artificial intelligence“. These disruptive technologies will soon change the world as we know it. While some pundits predicted that we …

Here Come The Robots To Financial Services: Ready, Set…

May 23, 2016  |  Rocco Savage

It’s no secret robots are infiltrating financial services. In this article, April Ruden of the Huffington Posts points out the necessity in needing machines to analyze all the newly available data while looking at the positives and negatives of AI in financial services. Machines. They are capable of inspiring both awe and fear. Especially when it …

alta5 at eMerge Americas

April 21, 2016  |  Rocco Savage

After being part of an incredible week of innovation, we are pleased to announce we were selected as finalists in eMerge America’s Early Stage Startup Competition. Being selected out of over 100 startups was a true honor and we are incredibly grateful to the Emerge team for allowing us to be showcased at such an impressive …

A. I. learning machines will dominate financial markets

March 29, 2016  |  Rocco Savage

AI & machine learning are dripping in to the financial markets. This article talks about the future of automation, and how the very meaning of automation may include A.I driven, not just rules based, algorithms. What if five years from now robo-advisors are a thing of the past? That would seem counter-intuitive given the current trend and the …

Would you let a robot invest your hard-earned cash?

March 21, 2016  |  Rocco Savage

In this article, BBC reporter Padraig Belton takes a look at how robo-trading has taken over the markets and what the benefits are for individual investors including reduced fees, removing emotion, and speed. The floors of the New York and London Stock Exchanges now exist mostly for show. The real trading is done automatically by robots. …