{"id":12784,"date":"2021-03-10T08:53:43","date_gmt":"2021-03-10T07:53:43","guid":{"rendered":"https:\/\/iefweb.developallin.com\/lief-presenta-les-dark-pools-i-la-velocitat-en-les-transaccions-com-les-innovacions-mes-recents-dels-mercats-financers\/"},"modified":"2023-12-11T16:54:14","modified_gmt":"2023-12-11T15:54:14","slug":"ief-dark-pools-i-velocitat-transaccions-innovacions-mercats-financers","status":"publish","type":"post","link":"https:\/\/www.iefweb.org\/ca\/ief-dark-pools-i-velocitat-transaccions-innovacions-mercats-financers\/","title":{"rendered":"L\u2019IEF presenta les \u2018Dark Pools\u2019 i la velocitat en les transaccions com les innovacions m\u00e9s recents dels mercats financers"},"content":{"rendered":"<ul>\n<li>Les \u2018Dark Pool\u2019 s\u00f3n plataformes o mecanismes de negociacions d\u2019actius que contenen una gran liquiditat i funcionen d\u2019una forma opaca, tot podent-se negociar compres de grans paquets d\u2019accions.<\/li>\n<li>Actualment, el 75% de les accions que es negocien a les borses dels Estats Units es fan a trav\u00e9s de sistemes autom\u00e0tics de negociaci\u00f3.<\/li>\n<li>Tot i la import\u00e0ncia de la intel\u00b7lig\u00e8ncia artificial aquesta no podr\u00e0 substituir el paper dels humans en l\u2019assessorament financer.<\/li>\n<\/ul>\n<p><i>Barcelona, 9 de mar\u00e7 de 2021<\/i>. L\u2019Institut d\u2019Estudis Financers (IEF) en una confer\u00e8ncia a c\u00e0rrec d\u2019Anna Bayona, professora adjunta del departament d\u2019Economia, Finances i Comptabilitat d\u2019ESADE Business School, ha analitzat la s<b>ituaci\u00f3 actual dels mercats financers i els canvis que han viscut en les dues \u00faltimes d\u00e8cades.<\/b><\/p>\n<p>Segons Bayona, l\u2019element m\u00e9s important en els mercats financers en aquests \u00faltims anys ha estat <b>el desenvolupament tecnol\u00f2gic<\/b>, un \u00e0mbit que ha patit una evoluci\u00f3 tan r\u00e0pida que amena\u00e7a de deixar-nos enrere.<\/p>\n<p>Un exemple d\u2019aix\u00f2 s\u00f3n les transaccions als mercats que funcionen mitjan\u00e7ant <b>els negociadors d\u2019alta freq\u00fc\u00e8ncia o \u2018High Frequency Traders\u2019<\/b> (HFT), que treballen amb alta computaci\u00f3 i algoritmes automatitzats per negociar una gran quantitat d\u2019ordres en fraccions de segons. Una proesa impossible pels humans. Per emfatitzar aix\u00f2, Bayona posa a tall d\u2019il\u00b7lustraci\u00f3 els 300 mil\u00b7lisegons que dura el parpelleig hum\u00e0, temps en el qual les HFT poden dur a terme fins a 70 transaccions entre Chicago i Nova Jersey.<\/p>\n<p>Una altra dada que confirma la import\u00e0ncia d\u2019aquests sistemes \u00e9s que actualment el 75% de les accions que es negocien a les borses dels Estats Units es fan a trav\u00e9s de sistemes autom\u00e0tics de negociaci\u00f3, mentre que en el 1990 era pr\u00e0cticament inexistent.<\/p>\n<p>Com a efecte negatiu d\u2019aquest model, Bayona ha alertat que es pot donar <b>una sobre inversi\u00f3 en tecnologia i que aquesta pot provocar que els mercats siguin menys resilients<\/b>, tot esdevenint una r\u00e0pida retirada d\u2019ordres fetes de forma autom\u00e0tica amb grans caigudes de preus en curts per\u00edodes de temps. Aquesta situaci\u00f3, que es denomina \u2018flash crash\u2019, ha estat habitual des del 2010.<\/p>\n<p>Simult\u00e0niament, i precisament en contraposici\u00f3 al model de les HFT i les transaccions autom\u00e0tiques creades per algoritmes i la intel\u00b7lig\u00e8ncia artificial (IA), <b>han proliferat en els \u00faltims anys les \u2018Dark Pool\u2019,<\/b> que s\u00f3n plataformes o mecanismes de negociacions d\u2019actius que contenen una gran liquiditat i funcionen d\u2019una forma opaca, tot podent-se negociar compres de grans paquets d\u2019accions.<\/p>\n<p>Per acabar, i preguntada sobre si la intel\u00b7lig\u00e8ncia artificial podria substituir la feina dels assessors tradicionals, Bayona ha assegurat que tot i que algunes tasques d\u2019an\u00e0lisi de dades la pot fer la IA, aquesta no pot con\u00e8ixer les empreses a fons com s\u00ed ho poden fer les persones, i per aquest motiu <b>la tasca dels assessors financers continuar\u00e0 sent molt important.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Les \u2018Dark Pool\u2019 s\u00f3n plataformes o mecanismes de negociacions d\u2019actius que contenen una gran liquiditat i funcionen d\u2019una forma opaca, tot podent-se negociar compres de grans paquets d\u2019accions. Actualment, el 75% de les accions que es negocien a les borses dels Estats Units es fan a trav\u00e9s de sistemes autom\u00e0tics de negociaci\u00f3. Tot i la [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100],"tags":[20,45,21],"class_list":["post-12784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-informacio-ief","tag-asesor-financiero","tag-dark-pools","tag-mercados-financieros"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>L\u2019IEF presenta les \u2018Dark Pools\u2019 i la velocitat en les transaccions com les innovacions m\u00e9s recents dels mercats financers - IEF<\/title>\n<meta name=\"description\" content=\"Visita l&#039;\u00faltima not\u00edcia sobre L\u2019IEF presenta les \u2018Dark Pools\u2019 i la velocitat en les transaccions com les innovacions m\u00e9s recents dels mercats financers. 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