Algorithmic trading bots, otherwise known as algo trading bots have existed for more than decade, but it is only in the past few years that we have seen rapid advancements in this technology. Furthermore, this technology was traditionally used by large banks and institutions, whereas it is now becoming more and more a tool for the individual investor. With the rise of big data, machine learning, and artificial intelligence, the future of algorithmic trading bots is brighter than ever before.
Algorithmic trading, otherwise known as algo trading, is an emerging field of investing that uses computer algorithms to execute trades automatically. The algorithms can be designed to follow specific rule sets and criteria, and can be adjusted according to the risk tolerance preferences of the investor. This emerging technology, which leverages the power of artificial intelligence, is becoming increasingly popular among both institutional investors and individual traders.
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