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The algorithmic trading market is projected to grow by USD 15.33 billion from 2024 to 2028, driven by rising demand for AI-powered market surveillance- Technavio

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NEW YORK, Sept. 6, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global algorithmic trading market size is estimated to grow by USD 15.32 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  14.34%  during the forecast period. High demand for market surveillance is driving market growth, with a trend towards technological advancements. However, wider bid-ask spread in APAC  poses a challenge. Key market players include 63 Moons Technologies Ltd., AlgoBlocks, AlgoBulls Technologies Pvt. Ltd., AlpacaDB Inc., Argo SE, Auros, CRYPTO TECHFIN SL, InfoReach Inc., iRageCapital Advisory Pvt. Ltd., MetaQuotes Ltd., QuantConnect Corp., QuantCore Capital Management LLC, Refinitiv, Software AG, Symphony Fintech Solutions Pvt. Ltd., Tata Consultancy Services Ltd., Thomson Reuters Corp., uTrade, Virtu Financial Inc., and Wyden AG.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Algorithmic Trading Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 14.34%

Market growth 2024-2028

USD 15326.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.7

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 35%

Key countries

US, China, UK, Japan, and Germany

Key companies profiled

63 Moons Technologies Ltd., AlgoBlocks, AlgoBulls Technologies Pvt. Ltd., AlpacaDB Inc., Argo SE, Auros, CRYPTO TECHFIN SL, InfoReach Inc., iRageCapital Advisory Pvt. Ltd., MetaQuotes Ltd., QuantConnect Corp., QuantCore Capital Management LLC, Refinitiv, Software AG, Symphony Fintech Solutions Pvt. Ltd., Tata Consultancy Services Ltd., Thomson Reuters Corp., uTrade, Virtu Financial Inc., and Wyden AG

Market Driver

The introduction of advanced electronic trading technologies has significantly benefited both vendors and customers in the Algorithmic Trading Market. Liquidity aggregation and algorithmic trading across various geographies have expanded market access for participants, reducing risk sharing and resulting in lower trading costs and faster execution times. This has contributed to an increase in FX turnover. New liquidity aggregation methods, such as linking multiple investor pools through algorithms, have reduced search costs, a key feature of the OTC market. Financial institutions are prioritizing transparency in collateral availability, focusing on efficient decision-making and risk reduction in collateral transactions. They plan to invest heavily in collateral management during the forecast period, focusing on optimization, cheapest-to-deliver algorithms, and risk management, aiming to maximize profits and drive market growth. 

Algorithmic trading, also known as Algo trading, is the use of computer programs and mathematical algorithms to make trades in financial markets based on predefined rules. This automated approach is popular among hedge funds, institutional investors, pension funds, mutual funds, and other financial institutions. Algo trading involves the use of complex mathematical models to identify trends and make trades in stocks, bonds, currencies, commodities, and even cryptocurrencies. The trend towards algorithmic trading is driven by the need for speed and efficiency, as well as the desire to minimize human error. Algo trading platforms and professional services offer cloud-based deployment, making it accessible to large enterprises and capital markets firms. However, the use of black box trading and artificial intelligence (AI) raises concerns around market transparency, accountability, and market integrity. Risk management is a key consideration in algorithmic trading, particularly in volatile markets. Market volatility and price fluctuations can impact the performance of financial service algorithms, making risk management an essential component of any Algo trading strategy. Additionally, the use of cloud technologies and cloud-based trading solutions offers business agility and improved liquidity. Despite the benefits, there are challenges associated with Algo trading, including the risk of flash crashes and the need for risk management systems. As the trend towards automation continues, it is essential that market participants prioritize market transparency, accountability, and market integrity to ensure the long-term sustainability of financial markets. 

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Market Challenges

The algorithmic trading market in Asia Pacific (APAC) encounters challenges due to wider bid-ask spreads in various stocks. For instance, the average dealing spread in Singapore’s stocks is approximately 0.75%. Although market liquidity can be substantial, large spreads make trading difficult. Some stocks with high volatility and low turnover pose additional challenges for algorithmic trading. Nevertheless, industry players in APAC are exploring ways to replicate the success of algorithms in the US and Europe. The algorithmic trading market in APAC is still in its initial stages. Countries like China, Japan, Hong Kong, Singapore, and South Korea are leading the way. However, local players in APAC lag behind their counterparts in the Americas and Europe in terms of algorithmic trading strategies. This disparity is anticipated to impede the growth of the market in the forecast period.Algorithmic trading, also known as automated trading, is a method used by institutions and individuals to execute trades faster and more efficiently in the stock market and cryptocurrency market. However, it comes with challenges. Market volatility and price fluctuations can make it difficult for algorithms to make accurate predictions. Market transparency is essential for accountability, but maintaining it can be challenging. Speed and efficiency are key, but ensuring market integrity and preventing flash crashes requires careful consideration. Algorithmic trading platforms and professional services offer solutions, including cloud-based deployment for business agility and accessibility. Large enterprises, institutional investors, pension funds, and mutual funds use these tools. AI and financial service algorithms power automated trading, while matching engines ensure liquidity. Cloud technologies enable automated trading, including cloud-based solutions and hybrid cloud deployments. Blockchain adds security and transparency. Acquisitions and partnerships drive innovation, with workflow solutions, covert execution algorithms, and digital onboarding solutions among the offerings. Automated trading bots, volume, price, and time are essential factors. DoubleVerify ensures accuracy and reliability, while ensuring market integrity remains a top priority.

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Segment Overview 

This algorithmic trading market report extensively covers market segmentation by  

Component 1.1 Solutions1.2 ServicesEnd-user 2.1 Institutional investors2.2 Retail investors2.3 Long-term investors2.4 Short-term investorsGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Solutions-  Algorithmic trading is a method of executing trades automatically based on predefined instructions. It uses complex mathematical models and algorithms to identify trading opportunities and execute trades at optimal prices. This automated approach allows for faster and more accurate trade executions, reducing human error and enhancing overall efficiency in financial markets. Algorithmic trading systems analyze market data in real-time and execute trades based on specific market conditions, providing an edge to traders in today’s fast-paced financial markets.

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Research Analysis

Algorithmic trading, also known as Algo trading, is the use of computer programs and mathematical algorithms to make trades in financial markets based on predefined rules. This automated approach to trading has become increasingly popular in various markets, including stocks, bonds, currencies, commodities, cryptocurrencies, and more. Algorithmic trading allows for faster execution, reduced human error, and the ability to process vast amounts of data in real-time. However, it also presents challenges such as market volatility, price fluctuations, and the need for risk management. Institutional investors, hedge funds, pension funds, mutual funds, and other financial entities use algorithmic trading to gain an edge in the markets. The use of artificial intelligence (AI) and financial service algorithms, as well as cloud-based solutions, is also becoming more prevalent in this field. Despite its benefits, algorithmic trading requires careful design, testing, and monitoring to ensure optimal performance and minimize potential risks.

Market Research Overview

Algorithmic trading, also known as Algo trading, is the use of computer programs and mathematical algorithms to make trades in financial markets based on predefined rules. This automated approach to trading is utilized in various markets, including stocks, bonds, currencies, commodities, and even cryptocurrencies. Algo trading offers several advantages such as speed, efficiency, accessibility, and reduced human error. However, it also presents challenges like market volatility, price fluctuations, and market transparency. Risk management is crucial in Algo trading, as large financial institutions, hedge funds, pension funds, mutual funds, and other institutional investors increasingly rely on this method for executing trades. Algorithmic trading platforms and professional services provide essential tools for these entities, offering cloud-based deployment, automated trading, matching engines, and other advanced features. Cloud technologies, artificial intelligence (AI), and financial service algorithms are driving the evolution of Algo trading, enabling business agility and improved market integrity. However, concerns over market transparency, accountability, and potential flash crashes continue to be addressed through regulatory measures and technological advancements. Key components of Algo trading include automated trading bots, volume, price, time, and various workflow solutions. As the market continues to evolve, we can expect further acquisitions, innovations, and advancements in this area.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentSolutionsServicesEnd-userInstitutional InvestorsRetail InvestorsLong-term InvestorsShort-term InvestorsGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Juliettdate Launches Drafts Feature to Ensure More Seamless Communication for Users

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Juliettdate, an online dating platform, has introduced a new feature called Drafts to improve communication on its dating platform.

TALLINN, Estonia, Dec. 21, 2024 /PRNewswire-PRWeb/ — Picture this: you’ve found an interesting match on a dating website, your conversation flows, and messages fly back and forth as you dive into an engaging discussion. Then, a technical glitch happens — your browser crashes, or you accidentally close the chat. Suddenly, the message you were crafting is gone, and you can’t quite remember what you wanted to say.

To make sure moments like this don’t disrupt your conversations, Juliettdate has introduced the Drafts feature. This handy addition allows users to save unsent or incomplete messages for up to 30 days. You can revisit, edit, and send your drafts at any time during this period.

How Draft Feature on Juliettdate Works

Messages are automatically saved as drafts every few seconds, requiring no action from the user. No matter if you’re composing a thoughtful reply or managing multiple conversations on the go, your progress remains securely saved.Drafts are synced across the platform’s web and mobile versions, allowing users to pick up right where they left off, whether on their phone or desktop.After 30 days, messages that haven’t been acted upon will be automatically removed.

The idea for the Drafts feature came straight from user feedback. Many shared how frustrating it was to lose messages mid-conversation, especially when the dialogue was meaningful. With this feature, Juliettdate users can stay connected and maintain the rhythm of their chats without worrying about interruptions or lost words.

The Drafts feature is just one of many ways Juliettdate works to improve the platform. In 2024, the company conducted over 120 product tests to improve the functionality and usability of its dating platform.

Along with working on user functionality, Juliettdate is constantly enhancing the security of its site by leveraging different measures. For instance, the platform has incorporated a patented AI anti-fraud solution that swiftly detects fraudulent activities, ensuring a safer environment for users. Additionally, Juliettdate employs robust moderation systems to identify and remove fraudulent accounts and unwanted content, further protecting its community.

About Juliettdate

Juliettdate is an online dating platform that connects those interested in meaningful relationships. It provides a space for users to chat and build connections with people from different countries.

Media Contact

Olive Parra, Juliettdate, 1 888 234-6786, smm@juliettdate.com, https://juliettdate.com/

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SCANable Strengthens Existing West Coast Presence with Additional Cutting-Edge Mobile 3D and 4D Scanning Services

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SCANable has expanded its West Coast operations based in Burbank, California, offering fully mobile 3D and 4D scanning studios equipped to meet the fast-paced demands of modern productions. With industry-experienced professionals and the latest scanning technology, SCANable ensures availability and efficiency by delivering high-quality digital and virtual assets directly on location, even in challenging conditions.

BURBANK, Calif., Dec. 21, 2024 /PRNewswire-PRWeb/ — SCANable, the leading US-based 3D and 4D scanning studio, proudly announces the expansion of its West Coast operations based in Burbank, California — the heart of the largest film and television studios on the West Coast. This expansion supports the rapid number of productions returning to California. This strategic location underscores SCANable’s commitment to delivering exceptional scanning services to the film, television, and video game industries.

Our number one talent is availability. We are ready anywhere, anytime, with the latest scanning technology and expertise. Our in-house team of industry professionals excels at last-minute requirements and challenging conditions.

As the film industry continues to evolve, the importance of supporting US-based crews and businesses has never been greater. Keeping work in the country ensures that local talent and productions thrive, preserving the quality and integrity of visual storytelling. SCANable contributes to this mission by ensuring that all scan processing is performed in-state, allowing productions to apply 100% of their scanning budget toward their state tax credits and keeping valuable work within the country.

SCANable’s highly experienced team, with a combined 100 years in 3D and 4D scanning, has contributed to hundreds of feature films, premium episodic series, video games, music videos, and commercials. SCANable empowers visual storytelling by capturing and creating hyper-realistic digital assets, allowing visual effects studios and creative teams to tell more believable stories and achieve seamless and immersive experiences.

Mobile Photogrammetry Studios: Unmatched Agility and Speed:

SCANable’s ultra-portable, self-contained Mobile Photogrammetry Studios (MoPho Studios) set the industry standard for efficiency and adaptability. These mobile studios can be deployed to challenging locations and be fully operational within 30 minutes, minimizing the impact on each production’s already hectic planning and coordination efforts, even in the most demanding environments.

In a time when talent’s time is more precious than ever, the days of sending an actor to a dedicated facility are nearly impossible. SCANable’s mobile studios can literally park within steps of the actors, ready to capture full-body scans in a fraction of a second and complete Facial Action Coding System (FACS) sessions in under 30 minutes. Each studio is also equipped with One-Light-At-a-Time (OLAT) and volumetric multi-camera capture array capabilities, ensuring that productions receive the highest quality scans and reference footage with unparalleled efficiency.

Industry-Leading Services and Expertise:

SCANable’s extensive suite of scanning services continues to be available across the West Coast and nationwide. As an approved vendor for all major film studios—including Disney, Marvel, Netflix, Amazon, Universal, Sony, Twentieth Century Fox, and Paramount—SCANable is trusted to deliver unparalleled quality and precision.

Nationwide, SCANable Offers:

Character Scanning4D Volumetric CapturePhotometric ScanningAerial LiDAR/PhotogrammetryTerrestrial LiDAR ScanningLarge Environment CaptureProp ScanningWardrobe-Fitting ScanningCostume ScanningAccurate Lifesize Mannequin 3D PrintsMachine Learning Multi-Camera CaptureGaussian Splat/NeRF Capture and Processing

Expanding Boundaries in Aerial and Environmental Scanning:

SCANable’s aerial scanning team has captured thousands of acres across the United States, including controlled and highly restricted locations that many drone operators cannot access. This experience allows SCANable to provide ultra-high-resolution 3D models and Gaussian Splats for use in traditional visual effects pipelines, as well as Virtual Production and LED Volume Stages, pushing the boundaries of what’s possible in immersive environments.

Quality, Experience, and US-Based Craftsmanship:

Focusing on quality and committing to US-based talent and processing, SCANable helps productions maximize their budgets and benefit from valuable tax credits. This dedication ensures that the industry’s most demanding projects receive the precision and reliability they deserve. From iconic Hollywood productions to state-of-the-art video game development, SCANable’s expertise supports the creation of seamless, invisible visual effects that elevate storytelling.

“Our number one talent is availability. We pride ourselves on being ready anywhere, anytime, with the latest scanning technology on hand. Our amazing team of industry professionals excel at handling last-minute requirements and challenging conditions—whether it’s tight schedules, less-than-ideal lighting, or complex subjects. We’re great at what we do, but it’s all about showing up and delivering when productions need us most,” said Travis Reinke, Founder and CEO of SCANable.

About SCANable:

SCANable, founded in 2012, is a US-based company specializing in 3D and 4D scanning services for film, television, video games, and virtual production. With locations in California, Georgia, New York, and Texas, SCANable delivers unmatched expertise and quality, bringing productions to life through cutting-edge scanning technologies.

For more information, visit www.scanable.com or contact pr@scanable.com. Check out SCANable’s latest promotional video here.

Media Contact

Ty Taylor, SCANable, 1 (877) 899-2931, pr@scanable.com, www.scanable.com

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The Sociable Society Welcomes Sydney Snelten, Jess Golden, and Dayna Ashame to Strengthen Leadership in Creator Growth and Management

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Sydney Snelten, Jess Golden, and Dayna Ashame Join The Sociable Society to Elevate Creator Management Excellence

LOS ANGELES, Dec. 21, 2024 /PRNewswire-PRWeb/ — The Sociable Society (TSS), a leading influencer marketing and creator management agency, is thrilled to announce the appointment of Sydney Snelten as Head of the Creator Growth Division, alongside the additions of Jess Golden and Dayna Ashame to lead the Creator Management Division. These strategic hires signal a new chapter of innovation and excellence for TSS as it continues to scale its operations and empower creators worldwide.

Sydney Snelten, a seasoned affiliate marketing expert with a decade of experience, joins TSS after a distinguished career at LTK (formerly rewardStyle and LIKEtoKNOW.it). Sydney has been a trusted collaborator of TSS for over five years, earning a reputation for her visionary approach to creator development and deep industry knowledge.

“We’re honored to welcome Jess, Dayna, and Sydney” shared Co-Founder Emily Fonda. “Their experience, collaborative nature, and creator industry passion perfectly aligns with our cultural pillars of being a creator-first, relationship driven creator agency — we’re excited to see their contributions.”

As Head of the Creator Growth Division, Sydney will oversee initiatives to expand revenue opportunities, enhance affiliate marketing strategies, and drive sustainable growth for TSS’s creator community. Her expertise in affiliate-driven content and her track record of building long-term success for creators make her the perfect leader to spearhead this new division.

“Joining The Sociable Society is an incredible milestone,” said Sydney Snelten. “I’ve long admired TSS’s innovative approach and its commitment to creators. Having witnessed the power of affiliate marketing to transform the creator economy, I’m excited to help TSS talent unlock new growth opportunities and shape the future of the industry.”

Jay Kent-Hume, Co-Founder of TSS, expressed his excitement about Sydney’s appointment:

“Sydney’s unparalleled expertise and passion for creator success have been evident throughout her career. Her leadership will be instrumental as we continue to evolve and elevate the value we provide to creators. We’re honored to have her onboard to lead this transformative division.”

Joining Sydney in expanding TSS’s leadership team are Jess Golden and Dayna Ashame, two seasoned professionals with extensive experience in talent management and digital marketing.

Jess Golden, formerly Director of Talent Management at Kensington Grey, steps into the role of Head of Creator Management. Renowned for her commitment to inclusive partnerships and fostering opportunities for underrepresented creators, Jess brings a proven track record of securing high-profile collaborations with brands such as Dior Beauty, Tiffany & Co., and AMEX.

“I’m honored to join TSS and contribute to its mission of empowering creators,” said Jess Golden. “I look forward to building impactful, inclusive campaigns and forging authentic connections that amplify the voices shaping the creator economy.”

Dayna Ashame joins TSS as Senior Creator Manager, bringing nearly a decade of experience in digital marketing and campaign management. At Kensington Grey, Dayna led high-impact collaborations with Target, Amazon’s The Drop, and luxury events with Pandora. In her new role, she will focus on elevating talent brands, building customized growth strategies, and securing high-value partnerships with top-tier brands.

“This is an exciting opportunity to work with such a passionate and talented team,” said Dayna Ashame. “I’m eager to help diversify TSS’s exceptional roster and drive meaningful collaborations that make a lasting impact.”

Emily Fonda, Co-Founder of TSS, praised the new additions:

“Sydney, Jess, and Dayna bring unparalleled expertise, collaborative spirit, and passion for the creator economy. Their leadership perfectly aligns with our vision as a creator-first agency, and we’re excited to see the incredible impact they will make on our continued growth and success.”

About The Sociable Society

Founded in 2015, The Sociable Society is a premier influencer marketing and creator management agency. TSS connects brands with top-tier creators through innovative strategies and authentic engagement. Over the past year, TSS has doubled its talent roster, managing over 200 creators who see an average revenue growth of 220% in their first year. The agency’s expertise spans brand partnerships, affiliate marketing, and custom-tailored creator growth services. For more information, visit www.thesociablesociety.com.

Media Contact

Emily Fonda, The Sociable Society, 1 310-529-0380, emily@thesociablesociety.com, https://thesociablesociety.com/

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