Startup firms that can use machine learning for trading may be able to one day beat high-frequency trading quants, Google parent, Alphabet ( GOOGL) Executive Chairman Eric Schmidt told a room of hedge fund managers Wednesday.Machine learnings for stock trading? Yes, says former Google CEO -and current chair-Eric Schmidt
Startup firms that can use machine learning for trading may be able to one day beat high-frequency trading quants, Google parent, Alphabet ( GOOGL) Executive Chairman Eric Schmidt told a room of hedge fund managers Wednesday.
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