ARTIFICIAL INTELLIGENCE AND FINANCIAL MARKET

Abstract

This researched legal essay inclusively discusses about the scope and relevancy of Artificial Intelligence (AI) in financial market & Fin-tech Industry, specifically how AI implications are evolving the financial markets with its automated decision-making capabilities. Thus, the study involves AI concerned topics including, High-Frequency Trading (HFT), credit risk assessment, fraud detection, portfolio management, and sentiment analysis, while critically analysing their benefits and the legal challenges alongside to this, this essay raises critical questionable analysis about the Accountability, transparency and potential discrimination that could induced by the implications of AI. The study concludes the need for reasonable regulatory framework that could be reasonable to mitigate the concerns induced by AI but also not so strict that might hinder the development of Ai in the international financial market