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How Online Stock Trading is Being Impacted by Big Data

The widely adopted use of big data has redefined the landscape of many competitive industries, one of which is online stock market trading. Today, roughly89% of all businesses believe in using analytics strategies to gain a competitive advantage in the market.

This is especially true where larger corporations and organizations are using analytics and data to gain valuable insights and make better, well-informed business decisions. We are now seeing the use of big data in 4 major industries – technology, marketing, healthcare, and financial services. Big Data Analytics and the Financial Services Industry Big data analytics have been widely adopted in the financial services industry and is helping online traders make better investment decisions and seeing consistent returns in the process.

Source: smartdatacollective.com
Author: Ryan Kh

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