Читать книгу Impact of Artificial Intelligence on Organizational Transformation - Группа авторов - Страница 41

Stock markets are the nerves of an economy and industry of any country. They are the intermediaries who move the savings from households into the main stream industry on one hand and on the other makes a common man part owner of big companies of the country and the world. Since the inception of stock markets which dates back to 1875 when “Native Share and Stock Broker’s Association”, India’s first share trading association was formed which later came to be known as Bombay Stock Exchange (BSE). It was created with just 318 members. Since then, stock exchanges and trading have gone through a lot of changes. If we see the broadest bifurcation of stock market generations, then it can be broken down into three major generations. The first was the era of ring trading, followed by the transformation period from ring trading to online trading based on sentiments and run by major few, and the latest which is even more neutral and runs on artificial intelligence (AI) algorithms.