Interbank FX (read ourreview), an online provider of forex brokerage services, is well known for providing a built out version of the Metatrader 4 platform (additional indicators, automated trading applications, etc). Such a dedication to MT4 naturally entails that the company is very in tune with new developments in the world of automated trading technology. Their most recent educational promotion was the development of an “info graphic” that outlines the future of algorithmic trading.
IBFX assembled the document by surveying traders and graphically portraying their findings. Some noteworthy conclusions:
- “49% of surveyed traders plan to increase their use of algorithmic trading in the next year”
- “Analysts project that algorithmic trading will blossom in new markets such as Brazil and India”
- “[as competition in the area increases,] algorithms will get smarter in order to instantaneously react to market anomalies”
The piece offers an interesting picture as to where traders are heading and what opportunities maybe in store. To view the full info graphic, click here.
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