Refintiv β El Futuro Del Trading, La Tecnologia, 2024
Summary
In the past 20 years, technological advancements have greatly benefited financial markets. According to a study by Greenwich Associates, 78% of capital market professionals believe that technology has made the markets better and more efficient.
However, there have been job losses due to automation, and some industry veterans have seen their roles being replaced or reduced by technological innovation. This is especially evident among baby boomers, who were less enthusiastic about the impact of technology compared to Generation X and millennials. Despite occasional episodes of market volatility caused by computer trading with computers, market professionals consider these to be temporary setbacks, as the benefits of technological progress far outweigh the disadvantages. Technology has leveled the playing field for both big and small players in the market. More than half of the participants in the study believe that technological advancements have helped traders expand and establish themselves as critical components of the capital market ecosystem. Furthermore, 70% believe that it has enabled startups to attract market leaders, despite the challenges of displacing established platforms. Overall, the introduction highlights the positive impact of technology on financial trading, with most professionals recognizing its benefits and potential for growth and competitiveness in the future.
Region:
Eastern Europe
Published:
January 2024
Author(s):
Refintiv
Language:
Spanish