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Review Sep 2026

From Algorithmic Trading to Generative AI: Artificial Intelligence, Systemic Risk, and the Transformation of Financial Markets

Artificial intelligence can improve financial information processing while also synchronizing decisions, concentrating operational dependence, and accelerating market feedback. Yet evidence on these effects is divided among market microstructure, machine‐learning risk analytics, algorithmic intermediation, and genera...

Wa-Na Yang, Heng-Yan Liu, Yu Wang · 0 citations

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