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Algorithmic Trading Market to Hit a Robust CAGR of 13.01% by 2032 | Rising Requirements for Market Surveillance to Fuel Market Growth, States Extrapolate

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Dubai, UAE, June 26, 2023 (GLOBE NEWSWIRE) — As per the latest report published by Extrapolate, the Global Algorithmic Trading Market size was worth around USD 14.69 billion in 2022 and is anticipated to reach USD 49.32 billion by 2032, exhibiting a robust compound annual growth rate of roughly 13.01% between 2023 and 2032. Positive regulatory regulations, expanding demand for swift, dependable, and effective order execution, rising requirements for market surveillance, and decreasing transaction costs are expected to drive growth for the algorithmic market. Large brokerage firms and institutional investors use algorithmic trading to cut down on bulk trading costs.

Algorithmic trading, or “algo-trading,” is the management of trading activity by computer programs that follow a pre-established set of instructions. The pricing, timing, quantity, and various other factors are based on a mathematical model for the instructions. Furthermore, it is projected that the advancement of financial service algorithms and artificial intelligence (AI) would offer lucrative market growth opportunities. Furthermore, a surge in demand for cloud-based solutions is anticipated to aid in the algorithmic trading market growth.

Get a Sample Copy of the Report: https://www.extrapolate.com/sample/Information-Technology-Communication-IoT/algorithmic-trading-market/25999

Competitive Landscape

The most prominent companies are concentrating on extending their geographic reach by developing sector-specific solutions. These players strategically team up and acquire local competitors to establish a firm regional foothold. New product introductions and innovations draw a large customer base, increasing sales.

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These businesses focus on producing innovative products and efficient marketing techniques to preserve and increase their market share. The expanding volume of international trade is anticipated to bring about profitable chances for market participants. As a result, to maintain their position as leaders in the industry, these companies concentrate on various strategic activities, including alliances and mergers & acquisitions.

Leading companies operating in the global algorithmic trading market include:

  • 63 moons technologies limited
  • AlgoTrader
  • Argo Software Engineering
  • Citadel LLC
  • FlexTrade Systems, Inc.
  • Hudson River Trading
  • InfoReach, Inc.
  • Lime Trading Corp.
  • MetaQuotes Ltd
  • Refinitiv Limited
  • Software AG
  • Symphony
  • Tata Consultancy Services Limited
  • Tethys Technology, Inc.
  • Tower Research Capital LLC
  • Trading Technologies International, Inc.
  • Virtu Financial
  • Others

For More Information, Inquire About the Report: https://www.extrapolate.com/enquire/Information-Technology-Communication-IoT/algorithmic-trading-market/25999

Market Segmentation

By Component

  • Solution
  • Services

Solution Component to Dominate the Market Share Owing to the Introduction of Sophisticated Systems by Key Players

The solution component led the market share for global algorithmic trading in 2020. The segmental growth is attributable to numerous factors such as the introduction of sophisticated algorithmic trading systems by key market participants to meet rising customer needs.

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Government restrictions, market monitoring, and consumer demand for quick, dependable, and efficient order execution all promote the segment’s growth. Demand for algorithmic trading solutions is further fueled by lower transaction costs resulting from removing human involvement and issuing trade orders quickly and accurately.

By Deployment

  • On-premise
  • Cloud-based

Cloud-Based Deployment to Gain Immense Traction Due to the Rising Number of Financial Firms

The cloud-based segment has dominated the global algorithmic trading market share in 2020 and is anticipated to grow at the highest CAGR during the projection period. The growth of the segment is primarily attributable to the increasing prevalence of financial firms that uses cloud-based solutions to improve productivity and efficiency. Additionally, traders are increasingly using cloud-based algorithmic trading solutions as they ensure effective process automation, data preservation, and cost-effective management.

Download a Sample PDF of this Report – (Including Full TOC, List of Tables & Figures, and Chart)

Challenges Faced by Algorithmic Trading Market

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At both the international and local levels, algorithmic trading is governed by strict laws. Although some countries regulatory bodies have already developed rules, a few countries still need to come to an agreement on whether to allow algorithmic trading. As a result, there is always a chance that the regulatory body would establish extra rules that are special to algorithmic trading or perhaps contemplate outright banning it. Market participants should be on the lookout for new regulatory developments in this area and remain alert.

Inadequate Risks Valuation Pose as a Restraint in Algorithmic Trading Market

Lack of observation and poor risk assessment abilities might prevent the market from growing as anticipated. Additionally, algorithms have a limited lifespan, which could impede industry growth. Furthermore, operating the platforms requires a skilled professional.

Introduction of Machine Learning, Artificial Intelligence, Among Others to Improve Efficiency, Propelling Market Growth

The market for algorithmic trading is likely to experience tremendous growth as cloud-based services, cloud computing, and trading solutions becoming increasingly used. Trading professionals use cloud services for back testing, run-time series analysis, and trading strategies when placing trades to increase productivity, security, data management, sustainability, and other factors.

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The market growth for algorithmic trading is projected to be significantly influenced by the financial services industry’s embrace of AI, ML, and big data. Technology improvements have promoted authorities to start paying attention to how consumers interact with the market. These technologies are now being used by some of the biggest organizations in the world to develop algorithmic trading.

Purchase This Comprehensive Research Report for Valuable Market Insights: https://www.extrapolate.com/complete-checkout-buy/25999

Key Developments

  • In June 2022, AlgoTrader released the most recent version 6.4 of its Broker Desk service, allowing traders to offer consumers trading in cryptocurrencies and other digital assets.
  • In 2022, In order to increase its presence in both the domestic and international Foreign Exchange (FX) markets, Alexbank announced its implementation of the Electronic Trading solution (ET) offered by Refinitiv.

Significant Expenditure in North America to Support Regional Market Growth

North America accounted for the largest share of the algorithmic trading market. The regional growth is majorly attributable to a number of factors, including significant investments in trading technology and rising public support for international commerce.

The region further gains from a concentrated supply of companies that provide algorithmic trading solutions, which support regional market growth. North America has a significant presence in the algorithmic trading business, highlighting both its status as a leader and its potential for future growth.

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For more information on the report, visit: https://www.extrapolate.com/Information-Technology-Communication-IoT/algorithmic-trading-market/25999

Key Points from TOC:

Chapter 1. Executive Summary

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Scope, definition, and Assumptions
2.3. Data Component
2.3.1. Secondary Component
2.3.1.1. Preliminary data others
2.3.2. Primary Component
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective

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Chapter 3. Market Outlook

3.1. Introduction
3.2. Key Trends
3.2.1. Increasing API-driven Trading in Developing Regions
3.3. Market Drivers
3.3.1. Increasing Implementation of Cloud-based Services
3.3.2. Introduction of ML, AI, and Other Technologies to Improve Efficiency
3.4. Market Restraints
3.4.1. Concerns Pertaining to Inadequate Risks Valuation
3.5. Market Opportunities
3.5.1. Increasing Overseas Trade Across the World
3.6. Market Challenges
3.6.1. Stringent Regulations Might Hamper the Market
3.7. Porter’s Five Forces Analysis
3.7.1. Bargaining Type of Suppliers
3.7.2. Bargaining Type of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis

Chapter 4. COVID-19 Impact On Algorithmic Trading Market

Chapter 5. Global Algorithmic Trading Market Overview, By Component, 2017 – 2030 (USD Million)

Chapter 6. Global Algorithmic Trading Market Overview, By Deployment, 2017 – 2030 (USD Million)

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Chapter 7. Global Algorithmic Trading Market Overview, By Type, 2017 – 2030 (USD Million)

Chapter 8. Global Algorithmic Trading Market Overview, By Geography, 2017 – 2030 (USD Million)

Chapter 14. Competitive Landscape

14.1. Competitive environment, 2021
14.2. Strategic Framework
14.2.1. Partnership/agreement
14.2.2. Expansion
14.2.3. Mergers & Acquisitions
14.2.4. New Size development

Chapter 15. Key Vendor Analysis

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15.1. 63 moons technologies limited
15.1.1. Company Overview
15.1.2. Financial performance
15.1.3. Component Benchmarking
15.1.4. Recent initiatives
15.1.5. SWOT analysis
15.2. AlgoTrader
15.2.1. Company Overview
15.2.2. Financial performance
15.2.3. Component Benchmarking
15.2.4. Recent initiatives
15.2.5. SWOT analysis
15.3. Argo Software Engineering
15.3.1. Company Overview
15.3.2. Financial performance
15.3.3. Component Benchmarking
15.3.4. Recent initiatives
15.4. Citadel LLC
15.5. FlexTrade Systems, Inc.
15.6. Hudson River Trading
15.7. InfoReach, Inc.
15.8. Lime Trading Corp.
15.9. MetaQuotes Ltd
15.10. Refinitiv Limited
15.11. Software AG
15.12. Symphony
15.13. Tata Consultancy Services Limited
15.14. Tethys Technology, Inc.
15.15. Tower Research Capital LLC
15.16. Trading Technologies International, Inc.
15.17. Virtu Financial
15.18. Others

Chapter 16. Sourcing Strategy and Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
Chapter 18. Market Effect Factors Analysis
…TOC Continued

About Us:

Extrapolate is a Global Market Research, Advisory, and Consulting firm that works closely with Industry experts from various industries to bring the latest and most accurate research reports.

In an era of breakneck change and a low tolerance for missed or misread opportunities, businesses need astute guidance to shape markets – not merely respond to them. Extrapolate helps clients develop market perspectives that drive success.

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Artificial Intelligence

DocPro Limited Announces the Launch of DocLegal.ai

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Affordable AI-Powered Legal Solutions
HONG KONG, Sept. 30, 2024 /PRNewswire/ — DocPro Limited, a leading innovator in legal technology, has launched DocLegal.ai, a new platform designed to provide AI-powered legal assistance at an unbeatable price—less than the price of your daily coffee.

DocLegal.ai is a platform that consolidates legal document creation, editing, and review into a single interface. The platform offers the following features:
Custom Document Creation: Users can describe their scenario and receive a tailored legal document.Document Review and Editing: The AI assistant can edit, review, summarize documents, suggest clauses, and highlight potential risks.The platform is designed to provide affordable legal services to small businesses and individuals. It also aims to streamline workflows and automate routine tasks for legal professionals, enabling them to focus on high-value activities.
DocPro Limited has leveraged its experience with DocPro.com, which serves over 50,000 users globally, to develop DocLegal.ai. The company is a graduate of the Cyberport Incubation Program and is currently part of the HKSTP Incubation Program and Google for Startups Cloud Program.
As part of its soft launch, DocLegal.ai is offering exclusive access to the first 500 users for only $2.50  per document. Interested parties can Visit the DocLegal.ai website to sign up.
About DocPro Limited
Founded in 2020, DocPro Limited is a leader in the legal tech space, committed to enhancing the delivery of legal services through innovative AI-powered solutions. With platforms like DocPro.com and DocLegal.ai, DocPro empowers users to create and manage legal documents with unparalleled efficiency and precision. For more information, visit DocLegal.ai.
DocLegal.ai is poised to become an indispensable tool for anyone seeking reliable, efficient, and affordable legal documentation, reinforcing DocPro’s position as a pioneer in legal technology.
Media Enquiries: 
Kim [email protected]

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Amagi and Phenix Partner to Bring Next-Gen Low Latency and Seamless Ad Insertion for the Ultimate Viewer Experience

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Bitmovin Complements the Partnership With Its New Player Web X, Guaranteeing Seamless, Crystal-Clear Video Playback
NEW YORK, Sept. 30, 2024 /PRNewswire/ — Amagi, a global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), today announced a partnership with Phenix Real Time Solutions to deliver next-generation FAST (free ad-supported streaming TV) and live events with the lowest latency available in the streaming marketplace. Amagi and Phenix will provide a complete turnkey solution for content owners to achieve real-time streaming with subsecond latency and server-side ad insertion (SSAI). By combining automation, scheduling, real-time streaming, and ad monetization, streaming customers can now deliver a “see it here first” experience, eliminate spoilers from social media, and provide a best-in-class viewing experience for their audiences.

Bitmovin adds a unique element to the mix by ensuring effortless, smooth playback on any browser, regardless of the device. Bitmovin’s open-source plugin system makes integration easy and provides the tools to maintain high-quality playback. The latest update also includes compatibility with Phenix Real-Time SSAI, combining flawless playback with real-time ad insertion.
The direct integration with Phenix now enables Amagi to output content from its Amagi CLOUDPORT automated scheduling and playout system into Phenix’s globally distributed real-time streaming network of over 34 points of presence for real-time delivery to viewers with subsecond latency. Further integration between Amagi’s Ad Tech platform and Phenix’s real-time SSAI capabilities facilitates dynamic and personalized ads while maintaining real-time playback and full compatibility with Bitmovin.
Bill Wishon, Phenix’s Chief Product Officer, stated, “Amagi has established itself as the foremost authority on FAST channel delivery. As a cloud-first company, Amagi has built itself into a pioneer in cloud technology for broadcasting and OTT. We are thrilled to join forces with them in delivering these innovative solutions.”
“Working with Phenix, the leader in real-time, scalable streaming delivery, allows Amagi to offer clients a full solution, including the industry’s first server-side ad insertion in real time. We can’t wait to see how customers deploy these workflows for next-generation OTT streaming,” said Richard Perkett, Chief Product Officer at Amagi.
Amagi provides a complete suite of channel creation, distribution, and monetization solutions. The company’s clients include some of the world’s biggest names, including A+E Networks UK, ABS-CBN, Astro, Cox Media Group, DAZN, Globo, Lionsgate Studio, NBCUniversal, Tastemade, and VIZIO.
Representatives from all the companies will be attending Amagi’s LA FAST 2024 conference on Oct. 1. More information is available at www.amagi.com/events/la-fast.
About Amagi
Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute, and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24×7 cloud-managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Amagi supports 800+ content brands, 800+ playout chains, and over 5,000+ channel deliveries on its platform in over 150 countries. Amagi has a presence in New York, Los Angeles, Toronto, Mexico City, London, Paris, Sydney, Seoul, and Singapore, broadcast operations in New Delhi, and innovation centers in Bengaluru, Zagreb, and Łódź.
About Phenix
As the leader in delivering interactive video at scale, Phenix powers innovative digital experiences that drive acquisition, engagement and retention for some of the world’s biggest brands. Its patented technology is essential for delivering content in real-time that engages audiences with interactive experiences and generates revenue for sportsbooks, sports and gaming properties as well as broadcasters with real-time video streaming to global audiences at broadcast scale. Trusted with streaming video for world-class events like The Oscars, Cheltenham Festival and the Super Bowl, Phenix brings proven experience delivering video to mass audiences for the world’s largest events.
Phenix is headquartered in Chicago, Illinois, with offices in California and Europe. More information is available on the Phenix website or follow them on Twitter and LinkedIn.
About Bitmovin
Bitmovin is the leading provider of video infrastructure for global digital media companies and service providers. The company has been at the forefront of industry innovation and all major developments in the digital video streaming industry. 
Bitmovin built the world’s first commercial adaptive streaming player and deployed the first software-defined encoding service that runs on any cloud platform. Its cloud-native technology offers the most flexible and scalable media encoding, playback, and analytics solutions available with unparalleled device reach, ease of integration, and world-class customer support.
Bitmovin customers benefit from optimized operations, reduced time-to-market, and the best viewer experience possible. Bitmovin is headquartered in Denver, Colorado, and has major offices in Vienna, Klagenfurt, Austria as well as London and Berlin. The company has over 400 customers across the globe, including ClassPass, BBC, fuboTV, Hulu, and Discovery.
More information is available at www.bitmovin.com
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SEMI Consortium to Develop Cybersecurity Strategy and Roadmap for the Semiconductor Industry in NIST Framework

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MILPITAS, Calif., Sept. 30, 2024 /PRNewswire/ — Seeking to strengthen the semiconductor industry’s resilience to cybersecurity threats, the global association SEMI today announced the creation of a strategic roadmap for cybersecurity implementation throughout the industry. The SEMI Semiconductor Manufacturing Cybersecurity Consortium (SMCC) has partnered with the National Institute of Standards and Technology (NIST) to develop a semiconductor manufacturing industry profile for NIST Cybersecurity Framework 2.0 (CSF 2.0) that will serve as the foundation for the aforementioned roadmap. NIST plans to publish the profile in mid-2025. 

According to research by the Identity Theft Resource Center, cyberattacks rose by 72 percentage points in 2023 over the previous all-time high in 2021. As semiconductor factories become increasingly connected and autonomous, the industry must respond to the growing security vulnerabilities associated with this next level of digital reliance and align with broader government efforts to secure the building blocks of technologies vital to society.
“Semiconductors are integral to both national security and the global economy – we need to do everything in our power to protect the industry,” said Cherilyn Pascoe, Director of the National Cybersecurity Center of Excellence (NCCoE) at NIST. “NIST is pleased to partner with SEMI SMCC for the development and adoption of a NIST Cybersecurity Framework 2.0 Profile for Semiconductor Manufacturing. This collaboration is important to identify and reduce cybersecurity challenges in semiconductor manufacturing.”
“It’s important to recognize and address the unique cybersecurity challenges facing the semiconductor industry,” said Jennifer Lynn, SMCC Working Group Chair and Semiconductor Cybersecurity Lead at IBM Research. “This community profile could allow us to better identify and execute a path forward.”
In support of the 2023 National Cybersecurity Strategy’s strategic objective to secure global supply chains for information, communications and operational technology products and services, the White House Office of the National Cyber Director (ONCD) included a Cybersecurity Framework Profile as part of initiative 5.5.5 in the National Cybersecurity Strategy Implementation Plan Version 2. SMCC recognized the need for a cybersecurity community profile specific to semiconductor manufacturing and worked with the federal government to develop one.
“Unlike air, space, land, and sea, cyberspace is the only battle domain created entirely by human hands,” said Anjana Rajan, Assistant National Cyber Director for Technology Security at ONCD, during the Global Executive Cybersecurity Forum at SEMICON West 2024. “This means we have both the power and the responsibility to shape it. The future of cyberspace where defenders have an inherent advantage over attackers starts with preparation, and that preparation must begin with securing the building blocks.”
Prior to completion, the community profile will open for public review and commentary in accordance with NIST’s official process. The review period has yet to be announced. The community profile is part of a broader NIST strategy to further standardize cybersecurity protocols for the semiconductor sector, in line with profiles for other industries.
“With the committed resources and support from NIST to support SMCC working groups, we’ll be able to accelerate the development of this semiconductor manufacturing industry community profile creation,” said Brian Korn, Director for SMCC and Staff Technologist focused on Cybersecurity and Automation at Intel Foundry.
SMCC will provide cybersecurity recommendations for semiconductor manufacturing equipment, information on implementation, and updates on the development of the community profile. For more information, visit the project webpage or contact [email protected].
SMCC working groups are engaged with the SEMI Standards program to create a standards-based approach supporting the semiconductor ecosystem by leveraging the program’s 50-year history of industry alignment. SMCC is currently working on developments to two cybersecurity standards:
E187: Specification for Cybersecurity of Fab EquipmentE188: Specification for Malware-Free Equipment IntegrationAbout SMCC 
The Semiconductor Manufacturing Cybersecurity Consortium (SMCC) is a SEMI technology community founded in 2024 to develop and promote a standard based, semiconductor industry wide approach to improve cybersecurity and accelerate implementation of actionable solutions. The vision of SMCC is to strengthen cyber resilience and protection of the global semiconductor supply chain against evolving threats. SMCC’s reach extends all over the world and enables our members to connect and collaborate on specific cybersecurity issues and challenges affecting different regions. It focuses on important key topics and seeks to find solutions that will benefit the entire industry. 
About SEMI
SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit  www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more. 
About NIST 
The National Institute of Standards and Technology (NIST) was founded in 1901 and is now part of the U.S. Department of Commerce. NIST is one of the nation’s oldest physical science laboratories. Congress established the agency to remove a major challenge to U.S. industrial competitiveness at the time — a second-rate measurement infrastructure that lagged behind the capabilities of the United Kingdom, Germany and other economic rivals.  
The National Cybersecurity Center of Excellence (NCCoE) under NIST is a collaborative hub where industry organizations, government agencies, and academic institutions work together to address businesses’ most pressing cybersecurity challenges. This public-private partnership enables the creation of practical cybersecurity solutions for specific industries or broad, cross-sector technology challenges. Working with technology partners—from Fortune 50 market leaders to smaller companies specializing in IT security— the NCCoE develops modular, easily adaptable example cybersecurity solutions demonstrating how to apply standards and best practices using commercially available technology. 
About ONCD
The Office of the National Cyber Director (ONCD) advises the President of the United States on cybersecurity policy and strategy. Established by Congress in 2021, ONCD is a component of the Executive Office of the President at the White House. The Office spearheaded the development of the President’s National Cybersecurity Strategy, which President Biden issued on March 2, 2023. ONCD coordinates a whole-of-government approach to implement the National Cybersecurity Strategy.
ONCD’s mission is to advance national security, economic prosperity, and technological innovation through cybersecurity policy leadership. In carrying out its directive, ONCD works closely with White House and interagency partners, as well as with all levels of government, America’s international allies and partners, non-profits, academia, and the private sector, to shape and coordinate federal cybersecurity policy. Guided by the President’s vision, as articulated in the National Cybersecurity Strategy, ONCD is working to create a more equitable, safe, and resilient interconnected world in which every American can thrive and prosper.
Association Contact Samer Bahou / SEMIPhone: 1.408.943.7870Email: [email protected]
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