Investment management firms have been warned by the FCA that further adoption of technologies to facilitate trading presents various risks.
Surveillance of markets at SGX will be upgraded to include AI allowing the exchange to filter out noise and hone in on potential unusual trading activity.
Professor at the Hong Kong University of Science and Technology, Chak Wong, has been hired by JP Morgan to lead the new team of machine learning engineers.
Nasdaq plans to extend the upgraded AI-powered surveillance system to clients and regulators globally.
Panel of buy-side practitioners at this year’s TradeTech FX Europe conference dispel the myths of prevalent use of AI but emphasise work around bringing data up to scratch.
Goldman Sachs European equity trading head says the bank will adopt AI models more broadly across its equities trading division following investment.
The increasing use of artificial intelligence and machine learning systems among buy-side firms is in danger of creating a hype bubble – The TRADE examines where asset managers are currently using these technologies to optimise their trading strategies and what pitfalls firms must avoid to (eventually) foster a harmonious trading between man and machine.
Natural language processing specialist Prattle becomes latest acquisition for Liquidnet, following RSRCHXchange and OTAS Technologies.
Growing number of buy-side firms looking to blockchain, artificial intelligence and robotics for growth opportunities over the next five years.