MarketResearch.Biz Generative AI in Trading Market size is expected to be worth around USD 1,417 Mn by 2032 from USD 156 Mn in 2022, growing at a CAGR of 25.4% during the forecast period from 2023 to 2032.
Algorithmic trading relies on sophisticated computer programs to automate trading. Traditionally, these programs have been coded by experts with advanced programming skills. Generative AI is revolutionizing algorithmic trading by enabling anyone to create trading algorithms without coding. Platforms like Hyperai use natural language processing to interpret simple text commands and generate fully functional trading algorithms. This democratizes access to algorithmic trading, allowing non-programmers to automate their investment strategies. As generative AI continues to advance, it may become the predominant way algorithmic trading systems are created in the future.
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