EFG Hermes Taps Horizon For Algorithmic Trading Across MENA - FinanceFeeds

How AI is Changing Stock Trading: The Rise of Algorithmic Investing

AI in Trading Isn’t Just About Speed — It’s Also Smarter at Managing Risk and Spotting Trouble Early Artificial intelligence (AI) is making a huge impact in stock trading. Once a field dominated by human traders, the industry is now shifting toward algorithmic investing. This transformation is not just enhancing the speed and accuracy of trading but also making markets more efficient and accessible. AI-generated algorithms empower investors to m…

EFG Hermes Taps Horizon For Algorithmic Trading Across MENA - FinanceFeeds

EFG Hermes has announced a partnership with Horizon Trading Solutions to upgrade its algorithmic trading offering for securities brokerage clients across the Middle East and North Africa. The investment bank will deploy Horizon’s suite of trading algorithms, including VWAP, TWAP, Percent of Volume, and Implementation Shortfall, to improve trade execution efficiency. These tools are designed to operate across financial networks in the Gulf Cooper…