![]() ETF operates on the premise of IBM Watson, a supercomputer processing and analyzing the news and reports related to 6000 American companies. Remarkably, by August 2018 its shares rose by 20%. ![]() In the first week of operations, it went up by 1 %, consequently beating the S & P 500 index. ![]() In 2017, Wall Street had its first 100% AI-powered Equity Trading Fund (ETF) "If we all die, it'll still continue to trade," - Goirtsel remarked. In 2016, the Hong Kong company Aidiya, led by Ben Goirtsel started a hedge fund that performed all operational transactions through artificial intelligence solely, without any intervention of humans. By 2017, JPMorgan reported that traditional traders represented a mere 10% of trading volume In 2010, high-frequency and algorithm trade accounted for 60% to 70% of trading. ![]() What is Artificial Intelligence (AI) Trading?
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