ANMI StockTech Survey: The stock broker community will apply the magic of technology
ANMI StockTech Survey 2024-25: A Glimpse into the Future of Stockbroking Technology 83.6% of Stockbrokers Plan IT Budget Increases, with AI, Algorithmic Trading, and Blockchain as Top Priorities Posted by Nilesh Waghela Mumbai: The Association of National Exchanges Members of India Western Region (ANMI WIRC), the largest pan-India body representing over 900 exchange brokers and members, unveiled its much-anticipated StockTech Survey 2024-25 . Released at the flagship StockTech 2024-25 event held at NESCO, Mumbai, the survey offers critical insights into the technological trends shaping India’s stockbroking sector. Key Findings from the Survey: Increased IT Budgets: A significant 83.6% of stockbrokers plan to increase their IT budgets in 2024-25, with 41.8% projecting an increase of 20%. Focus Areas in Technology Investments: 34.3% prioritize Artificial Intelligence (AI) and Machine Learning (ML) for predictive analytics and personalized trading strategies. 32.9% ...