Growing demand for AI-based services in the financial sector is driving growth of the algorithmic trading market. In algorithmic trading, AI helps to adopt market conditions, learn from experiences and make trade decisions accordingly. Trading houses such as Blackrock, Renaissance Technologies, and Two Sigma among others use AI for selecting stocks. According to Coherent Market Insights, in 2018, about 37% of the financial institutions in India invested in artificial intelligence-focused technologies, and around 68% plan to adopt it in the near future. Therefore, increasing adoption of AI in the financial sector is expected to drive growth of the algorithmic trading market over the forecast period. Moreover, increasing adoption of non-equity trading algorithms by institutional asset managers is another factor driving growth of the algorithmic trading market.
Global Algorithmic Trading Market was valued at US$ 10,346.6 Mn in 2018 and is expected to exhibit a CAGR of 10.7% over the forecast period to reach US$ 25,257.0 Mn in 2027.
Leading Companies in the Algorithmic Trading Industry:
1. AlgoTrader GmbH,
AlgoTrader GmbH, was founded in 2014 its headquarter in Zurich, Switzerland. The company operates in 185 countries. In 2018 AlgoTrader believes that it is well positioned to benefit from the continued move towards automated and algorithmic trading across all asset
2. Trading Technologies International, Inc.
Trading Technologies International, Inc. , was launch in 1994. And its headquarter - Chicago, Illinois, United States. It operate over 50 country.
