The future of Wall Street is here as startups and brokers build AI agents to trade 24/7
馃摪 source: cnbc_topnews 路 馃捈 business
brokerages and startups are building ai agents that trade and manage portfolios autonomously. robinhood and public are developing tools; startup podium markets ai offers an assistant named ivy that analyzes portfolios but lets humans decide. devin ryan of citizens estimates agentic finance could boost transaction volumes tenfold, with most trades done by agents by end of next year. retail investors already use chatbots for research, but results are mixed鈥攕ome lose money. firms are adding guardrails so users approve workflows before execution. the technology is coming in the next few years, not a decade away.
why it matters: ai agents are moving from research assistants to autonomous traders, set to reshape how retail investors manage portfolios and execute trades by 2025.
source: cnbc_topnews
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