Industry buzz around machine learning and AI must be set aside in favour of transparency and interpretability according to TradeTech FX speakers.
Tag: machine learning
BNY Mellon has appointed a head of digital to drive the bank’s strategic digital direction and focus on new technologies.
Pagaya, which uses artificial intelligence technology to manage institutional money, has raised $14 million in a series B funding round.
Buy-side priorities have been historically dominated by regulatory concerns, but a survey of senior FX buy-siders carried out by Worldwide Business Research suggests that automation is now taking over. Hayley McDowell examines the benefits, challenges and progress as asset managers look to reduce the human touch on trading desks.
Hedge funds are using AI and machine learning for investment decisions, but only a quarter are using it for trade execution.
Speakers at this year’s TradeTech conference were keen to extol the virtues of artificial intelligence and machine learning, but perceptions around transparency and trust must be addressed.
Nasdaq signs its first exchange operator in Asia to use SMARTS surveillance system.
Asia Pacific equity trading desk at JP Morgan Asset Management is seeking to have 50% of trading flow driven by machine learning by the end of the year.
BondIT to integrate Chinese market data from Wind Info to build on existing fixed income tool.