Traders at RBC Capital Markets develop AI-based electronic trading platform
Known as Aiden, the AI-powered execution platform from RBC Capital Markets uses deep reinforcement learning techniques to adapt to market conditions.
Tag: Electronic trading
Cboe shifts options exchange to electronic trading in contingency measure
After closing its open outcry trading floor in Chicago due to coronavirus, Cboe has shifted to electronic trading with quick approval from the SEC.
Citadel Securities’ global fixed income COO exits
Nicola White helped to significantly expand Citadel’s electronic market making capabilities for US Treasuries and other fixed income markets.
E-trading on the rise for US emerging market bond traders
Research suggests emerging market bond trading will rise next year, with a portion of that volume tipped to be executed electronically.
Brokers predict surge in buy-side demand for customised algos
Research from Greenwich Associates found that brokers expect almost half of their clients to ask for customised algos over the next year.
Hedge funds look to broker relationships for algo trading under MiFID II
The TRADE’s 2018 Algo Trading Survey finds hedge funds more critical of bank algos as pressures of MiFID II begin to hit home.
Buy-Side
Buy-side increases critical reception of algorithms as MiFID II comes into play
The TRADE’s 2018 Algo Trading Survey finds MiFID II has heightened critical approach to electronic trading among buy-side firms.
JP Morgan sees surge in European electronic trading as MiFID II takes effect
CFO Marianne Lake says JP Morgan has witnessed ‘material increase’ in electronic trading in the first quarter this year.
BNP Paribas makes major reshuffle to global markets business
BNP Paribas has made a number of leadership changes to its electronic trading, prime services and derivatives teams across the global markets business.
ETFs drive demand for electronic trading services at Fidessa
Fidessa sees greater demand from top-tier firms for electronic and programme trading services.