Contemplating a Future with AI and FX Trading Platforms

Wednesday, 07/01/2015 | 02:13 GMT by Leon Yohai
  • Artificial intelligence is the science of building intelligent software and robots.
Contemplating a Future with AI and FX Trading Platforms

Artificial Intelligence (AI) ) is the intelligence presented by machines or software. It’s the science of building intelligent software and robots. Artificial Intelligence could be perfectly adopted in FX trading and platforms as robots and automated systems are already available in this field.

Today's open trading platforms, which are the actual receivers of those systems processes, present advanced and well-tested trading APIs that can support automated Execution . What is actually still pending today is for those robots to be able to perceive their market environment and take actions.

The human trading ability and skills can be so precisely analyzed that a machine can be designed to simulate it. If those smart systems can actually achieve higher success rates in trading, then I would expect them to be widely used and to become an essential part of the financial trading industry in the future.

Artificial Intelligence (AI) ) is the intelligence presented by machines or software. It’s the science of building intelligent software and robots. Artificial Intelligence could be perfectly adopted in FX trading and platforms as robots and automated systems are already available in this field.

Today's open trading platforms, which are the actual receivers of those systems processes, present advanced and well-tested trading APIs that can support automated Execution . What is actually still pending today is for those robots to be able to perceive their market environment and take actions.

The human trading ability and skills can be so precisely analyzed that a machine can be designed to simulate it. If those smart systems can actually achieve higher success rates in trading, then I would expect them to be widely used and to become an essential part of the financial trading industry in the future.

About the Author: Leon Yohai
Leon Yohai
  • 9 Articles
  • 7 Followers
About the Author: Leon Yohai
Leon Yohai was born in Athens, Greece in 1974, and began his entrepreneurial career when he founded fleamarket.gr, Greece's first and largest e-auction website in 1999. In 2001 he founded InternetQ SA, the company that introduced premium text messaging billing in Greece. Later, Leon came to the United States to launch Qmobile, a mobile entertainment startup that quickly gained 25% of market share in the first 3 months of its operation in the US. Leon has been trading futures for his own account, in equities and money markets since 2000, and recognized a need for a service for individual traders, who have busy schedules and cannot follow the rapidly changing markets, yet need total control of their funds – the rationale behind the company he founded, ZuluTrade. Leon Yohai was born in Athens, Greece in 1974, and began his entrepreneurial career when he founded fleamarket.gr, Greece's first and largest e-auction website in 1999. In 2001 he founded InternetQ SA, the company that introduced premium text messaging billing in Greece. Later, Leon came to the United States to launch Qmobile, a mobile entertainment startup that quickly gained 25% of market share in the first 3 months of its operation in the US. Leon has been trading futures for his own account, in equities and money markets since 2000, and recognized a need for a service for individual traders, who have busy schedules and cannot follow the rapidly changing markets, yet need total control of their funds – the rationale behind the company he founded, ZuluTrade.
  • 9 Articles
  • 7 Followers

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