The role of data science in financial markets has seen considerable evolution in recent years. However, the fundamentals of data science and machine learning in trading have remained relatively unchanged despite the growing recognition of their value.
“Algorithms are complicated. They go through different phases, using different venues, different order types, different prices, and different tactics at different times.”
https://www.tradersmagazine.com/am/traders-leverage-data-science-to-improve-execution/