The current era is the era of artificial intelligence. The elements of big data that promote the progress of artificial intelligence have filled all aspects of our life and greatly facilitated and improved the quality of our life. From the great convenience brought by smart phones to the overwhelming victory of AlphaGo over more than 60 go masters, these cases prove to the world the powerful charm of big data and artificial intelligence. Many news and examples show that the revolutionary tide of the new era has been overwhelming!
Big data + artificial intelligence is the prediction of the future from the essence of investment. New data brings new opportunities, and AI brings predictive power. In the future, the third wave of Fintech development will focus on cooperation between traditional players and Fintech startups. On 28th March 2017, Blackrock, the world’s largest asset manager, announced that it would eliminate some active fund managers and replace them with quantitative strategies. At the TradeTech conference in Miami, 94 of the 100 traders said robots and automated foreign-exchange trading programs would be introduced in the next three years.
From the perspective of market microstructure, the formation and change of stock price are determined by the trading behavior of buyers and sellers. Therefore, the mining of high-frequency market data can obtain the model of predicting the future stock price trend to some extent. The age of big data will make investing easier.