Tag: AI


And Finally…

There was an interesting development from the Royal Bank of Canada last week when it announced that it had launched a new AI-based trading platform for its equities business, and I, for one, am very interested to see how – if at all – the trading style offers something different. I do believe that when […]

Overbond Launches AI Pricing

Fixed income analytics firm Overbond has launched COBI-Pricing Live, a new real-time AI bond pricing product, which the firm says has the capacity to process “real-time historical pricing data” on coverage of over 30,000 securities with a refresh rate of under three seconds. Overbond says the new product fills a gap in the current market […]

In the FICC of It

Data is very much on Colin Lambert’s mind this week, but not in the usual sense. Thursday saw two glitches involving economic data releases, one of which had a comedy element, the other more troublesome, and while he understands mistakes happen, he wonders if we are going to see more of these incidents following the […]

How Machine Learning with Built-In Explainability Spells the End of Biased Algorithms

Davide Zilli, client services director at Mind Foundry discusses the importance of built-in ‘explainability’ in AI  and machine learning solutions to ensure full transparency and accountability. The financial sector, like many industries today, relies on algorithms to make sense of data, conduct large-scale machine learning (ML) analysis and forecast outcomes. These algorithms are both effective […]

And Finally…

Before I get into today’s subject, some very tragic news for our industry last week as I understand that Steve Jennions, former FX trader at Citi, Morgan Stanley and Deutsche Bank to name just three firms, died last week. I only met Steve once to my memory, when he was at Morgan Stanley, but talk […]

In the FICC of It

In this week’s new style podcast Colin Lambert casts his eye over some key news stories of the week and is joined by Jay Moore, founder and CEO of FX Hedgepool and Rob Loft, founder and CEO of Harvey Loft to discuss two in depth. Listeners will be surprised to hear that Lambert has some […]

AiX Claims First with Natural Language AI Broker

AiX has announced the launch of what it claims is the world’s first natural language artificial intelligence (AI) broker platform, facilitating automated peer-to-peer trading in institutional OTC markets. The firm says it aims to transform OTC markets through its AI-driven negotiation and matching engine, executed through the AiX chatbot, which it says enables instant access to liquidity, immediate price discovery, […]

JP Morgan FX Survey Highlights Data Concerns

Although the availability of liquidity remains the biggest daily concern for market participants, according to JP Morgan’s annual e-trading survey, the results also suggest growing concerns about the availability of data and an increased focus on data services. The annual survey, now in its fourth year, invites institutional and professional traders to share their views […]

SmartStream Launches AI Tool

SmartStream Technologies has incorporated artificial intelligence (AI) technology into its existing managed service offering, which covers reconciliations, corporate actions, cash management and reference data.  SmartStream has worked alongside its clients to introduce AI into their managed services offering that it says will reduce operating costs and pricing, as well as improving operational efficiency and reporting. […]

The Real Revolution: Data and the FX Market

From origination through trading to settlement, Colin Lambert argues that data has revolutionised the foreign exchange industry more than any other single factor. “Even 10 years ago I probably heard the word ‘data’ once a month,” says Kate Lowe, head of trade services at State Street. “Now? It’s 40 times a day. As an industry […]

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