back to top
16.9 C
Johannesburg
spot_img
More

    Date:

    Share:

    Is DeepSeek the future of algorithmic trading?

    13 March 2025: DeepSeek-R1, the latest generative artificial intelligence (AI) model from Chinese startup, DeepSeek, dethroned OpenAI’s ChatGPT as the most downloaded free app worldwide in January 2025. The man behind DeepSeek is Liang Wenfeng, a former trader who previously co-founded a quantitative hedge fund. As AI continues to reshape the forex landscape, DeepSeek represents the next frontier in algorithmic trading.

    This is according to Roger Eskinazi, Managing Partner at Tickmill, who says AI-powered tools like DeepSeek are revolutionising trading by enabling more precise market analysis and automation. “By improving sentiment analysis, pattern recognition, and predictive modelling, AI can help traders navigate complex markets with greater efficiency and accuracy.”

    How AI is transforming algo trading

    Algorithmic trading, also known as algo trading or automated trading, uses computer programs and algorithms to execute financial market trades at high speeds and frequencies. These algorithms follow predefined rules based on various factors such as price, volume, timing, and other market conditions. With advancements in AI and machine learning, algo trading is becoming more sophisticated, leveraging insights from financial news, earnings reports, and social media sentiment in real time.

    “By integrating AI into algo trading, traders can execute predefined strategies without needing to constantly monitor the market, which is crucial in volatile conditions where even the slightest delay can mean missed opportunities,” says Eskinazi. “AI-powered systems adapt in real time to price spikes, liquidity shifts, and market momentum changes. Advanced models like DeepSeek can even identify genuine price breakouts by analysing market participation rather than relying on static thresholds.”

    Empowering traders with AI-driven tools

    Recognising the transformative potential of AI, Tickmill has already taken significant steps to integrate AI-driven strategies into its offerings. Through its partnership with Capitalise.ai, a leader in AI-based trading and analysis solutions, Tickmill provides traders with access to cutting-edge AI tools that simplify market analysis and automation. Capitalise.ai’s platform allows traders to automate trading scenarios using plain English, eliminating the need for coding skills and making AI-powered trading accessible to a broader audience.

    “By collaborating with Capitalise.ai, we empower our traders with the latest AI-driven tools, enhancing their ability to analyse markets, automate trades, and refine their risk management strategies,” says Eskinazi. “The ability to execute sophisticated strategies without coding knowledge ensures that both novice and experienced traders can benefit seamlessly from AI-powered trading.”

    Tickmill traders have access to Capitalise.ai’s innovative features, including robust backtesting, real-time trade automation, smart alerts, and a library of ready-to-use trading strategies. These tools enable traders to optimise risk management, improve execution precision, and make data-driven decisions in fast-moving markets.

    The future of trading is AI-powered

    As AI technology continues to evolve and push the boundaries of algo trading, traders who leverage AI-powered solutions will be well-positioned to gain a competitive edge by executing faster, more informed trades, adapting to market shifts in real time, and minimising risks through advanced predictive analytics.

    Eskinazi concludes, “AI-driven trading is no longer a distant vision – it’s happening now. At Tickmill, we are committed to staying ahead of technological advancements and equipping traders with the most sophisticated tools available to navigate the evolving financial landscape.”

    spot_img

    ━ More like this

    AI Automation: Bridging Strategy and Implementation with Kutlwano Ngwarati

    In a recent episode of "AI-Impact Talk," host Thembekile Mrototo engaged in a thought-provoking conversation with Kutlwano Ngwarati, founder and CEO of High-Risers, on...

    AI-Impact Talk: The Evolution of Process Automation with Rudolph Janse van Rensburg

    In another insightful episode of AI-Impact Talk, host Thembekile Mrototo delves into the world of Agentic Process Automation (APA) with Rudolph Janse van Rensburg,...

    Banking on Intelligence: How Standard Bank is Humanizing AI

    AI-Impact Talk, hosted by Thembekile Mrototo, explores how South African businesses are integrating artificial intelligence to enhance efficiency while prioritizing customer value. In the latest...

    AI Helps Stop Billions of Harmful Ads Before They’re Seen

    Today, Google released its 2024 Ads Safety Report, showing how advanced artificial intelligence is transforming the fight against bad ads, scams, and misinformation online....

    AI-Impact Talk: Banking’s Digital Transformation with Dr Mark Nasila

    In a recent episode of AI-Impact Talk, host Thembekile Mrototo engaged in an insightful conversation with Dr Mark Nasila, Chief Data and Analytics Officer...
    spot_img

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here