Markets Media 2020 Outlook: Hazem Dawani, Predata
As high-frequency trading became the new normal in capital markets, one’s “edge” was determined by speed. Now, low-latency service providers have commoditized speed, meaning it is not the sole factor determining whether a market participant has an edge or not. Artificial intelligence and machine learning — making use of alternative data — are the technologies providing firms their edge today, and their influence will continue to grow…