© Puneet Mathur 2019
Puneet MathurMachine Learning Applications Using Pythonhttps://doi.org/10.1007/978-1-4842-3787-8_15

15. How to Implement Machine Learning in Finance

Puneet Mathur1 
(1)
Bangalore, Karnataka, India
 
The three most promising areas in finance are:
  • Algorithmic stock trading

  • Automated robo-advisors

  • Fraud detection and prevention

In the finance industry, the topmost item that has huge potential is applying machine learning to algorithmic stock trading. Although algorithmic stock trading is an automated version of manual stock trading, I will say it lacks artificial intelligence that machine learning can provide in forecasting and predicting, rather than analyzing and actioning in the form that it is today. To give you an example of ...

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