Together, predictive analytics and Big Data potentiate one another and give traders, forex brokers and researchers ways in which to understand the market better.
The purpose of the Foreign Exchange (Forex), the richest market in liquidities, is to trade currency. Each day of trading, fortunes are made, lost or incrementally increased or decreased, depending on the boldness of the trader and the favors of the gods of the market. However, modern technology has quickly seeped into the financial industry, this time under two shapes.
Author: Ioana Sima