"Bloomberg today announced the launch of a new price forecasting application for investment professionals powered by artificial intelligence in conjunction with AlpacaJapan, a startup that specializes in AI solutions for financial trading".
"Bloomberg today announced the launch of a new price forecasting application for investment professionals powered by artificial intelligence (AI). The “Alpaca Forecast AI Prediction Matrix” is an application (app) that provides short-term market price forecasts for major markets such as USD/JPY, EUR/USD, AUD/JPY, CME Nikkei 225 Futures Index and US 10-year treasury bonds, using Bloomberg’s Market Data Feed (B-PIPE). Developed jointly with AlpacaJapan, a startup that specializes in AI solutions for financial trading, the app uses a cutting-edge deep learning engine to analyse tick data at a speed and volume beyond the ability of the human eye. AlpacaJapan’s AI technology recognizes patterns in the waves of price movements instantly, making market predictions possible."
deep learning
"Bloomberg’s composite tickers and market indices along with consolidated, normalized market data for 35 million instruments across all asset classes, including data aggregated from more than 330 exchanges and 5,000 contributors"
Proof of concept; results not yet available