1/ Nasdaq receives SEC approval for first AI-driven trade order called M-ELO, using real-time reinforcement learning AI. Faster and more efficient trades expected.
1/ Nasdaq receives SEC approval for first AI-driven trade order called M-ELO, using real-time reinforcement learning AI. Faster and more efficient trades expected.
2/ Dynamic M-ELO shows a 20.3% increase in fill rates and an 11.4% reduction in mark-outs during research and testing. Nasdaq aims to improve trade execution with AI.
3/ Nasdaq's AI-driven order type adjusts holding periods in real-time, increasing fill rates without impacting the market significantly. AI revolutionizes trade automation.
4/ Fintech sector embracing AI technologies: Nasdaq combines AI with finance to improve efficiency. AI models aid in parsing 1.5 million options listings.
5/ AI impacts financial industry: ChatGPT used as educational tool for stock and crypto traders. Nasdaq pioneers AI in finance, paving the way for smarter trading practices.
6/ Get more details below
https://cointelegraph.com/news/nasdaq-receives-sec-approval-ai-based-trade-orders