Wall Street Aims to Use Artificial Intelligence to Avoid Cons

It is a known phenomenon that the use of artificial intelligence is on the rise in various sectors of life. Latest news suggests that this technology will be adapted in Wall Street as well. Two exchange operators have recently announced that they plan to launch artificial intelligence tools. These tools will be useful for market surveillance in the coming months as told by officials at a Wall Street regulator. They also claim that this project is not far behind. With the use of such updated technology, the executives hope to catch any kind of misbehaviour in the market more quickly. How market surveillance takes place The process of market surveillance is usually reliable on algorithms. These algorithms are capable of detecting patterns in trading data which suspect manipulation. In this…


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