Trading technology has come along way already, but what will the industry look like in 50 years?
Trading experts at forex provider IG have created a time traveller’s guide to trading technologies, which gives detailed and informed estimations as to what trading might look like in 2069.
Predictions from the report signal a trading world unlike anything we’ve seen before, where trades are powered by thoughts, cryptocurrencies now rule supreme and holographic trading rooms are available at the touch of a button.
But does the market need a new surge of technology, or are we in danger of taking the human element away from the trading industry forever?
The report also gives users the chance to join the discussion and have their say on which predictions are most likely to become a reality by 2069? https://www.ig.com/uk/research/future-of-trading/
The report predicts:
Rapid robo advisers will deliver real time insight: AI assistants will take over human brokers, suggesting strategies and providing real time ‘smart reports’ with information that could affect the value of their portfolios.
Traders will manage their emotions, digitally: Traders will be able to use thought control in order to eliminate negative emotions and become more effective through ‘thought-powered trading’(TPT) technology.
On the go 3D trading rooms: Three-dimensional interfaces make it possible for traders to launch their own trading floor from their mobile.
Cryptocurrencies take over: With fiat currencies a thing of the past, traders can use cryptocurrencies to speculate on a much wider range of markets powered by blockchain networks.