With the growth of technology and large amounts of data, the need for speed, efficiency, and accuracy in operations is stronger than ever. Algorithmic trading now increasingly uses artificial intelligence (AI) and machine learning (ML). These technologies can analyze vast amounts of data instantly.

They help uncover hidden patterns, improve trading strategies, and manage risks more effectively. Beyond just making better decisions, they enhance automated trading systems, provide personalized financial advice through robo-advisors and chatbots, and accurately evaluate market sentiment and risks.