Algorithmic trading

471 articles tagged with this keyword

/markets

Toshiba and Dharma Capital bid to bring quasi-quantum computing to HFT

Japanese tech giant Toshiba is joining forces with Dharma Capital to trial the use of quasi-quantum technology in financial trading.

/regulation

BIS: FX execution algorithms contribute to market functioning but bring new challenges

Execution algorithms (EAs) - designed to buy or sell foreign exchange according to a set of user instructions - have contributed positively to FX market functioning, but they also give rise to new challenges for regulatory bodies, states the Bank for International Settlements.

/regulation

Machine learning: foe and friend for market surveillance

The rise of machine learning in trading is posing new challenges for market surveillance, but the technology could also be a useful tool for identifying abuse risks, according to a report from the FICC Markets Standards Board (FMSB).

/wholesale

NatWest Markets picks Dataiku machine learning platform

The markets business of UK bank NatWest is rolling out a data science and machine learning platform from AI specialist Dataiku, with the goal of deepening collaboration between technical staff and front office users.

/cloud

How cloud unlocks the value of time series data

As mobile devices double as digital wallets streaming location coordinates and transaction information, satellite images capture fleet movements and consumers generate product reviews on social media, financial institutions are gathering and analysing a rapidly growing amount of non-traditional data to enhance their core financial datasets. The analysis of this time series data – data that captures temporal changes, organised by time – allows firms to detect unique patterns and make future predictions of market performance and behaviour.

/Algorithmic trading

BMO to buy Clearpool

Bank of Montreal has agreed to buy New York-based trading technology outfit Clearpool Group. Financial terms were not disclosed.

/markets

US govt changes economic data access rules to slow down algo traders

The US government is tightening up rules that give media outlets early access to economic data over concerns that the current setup is giving high speed algorithmic traders a competitive advantage.

/Algorithmic trading

Robinhood readies investment product for early 2020 launch in UK

Robinhood is now inviting UK customers to sign up to receive early access to commission-free stocks when the broker app launches in early 2020.

/Algorithmic trading

Sibos 2019: Post-snub insights from LSE and HKEX

After the London Stock Exchange snubbed Hong Kong’s $36.6 billion buyout bid earlier this month, day two of Sibos 2019 in London kicked off with PwC’s Jeremy Grant engaging in fireside chats with both LSE CEO David Schwimmer and HKEX CEO Charles Li.

/Algorithmic trading

Securities industry close to adopting APIs – SWIFT and BCG

A new joint SWIFT and Boston Consulting Group (BCG) report reveals that interest in application program interfaces (APIs) is rapidly increasing in the securities servicing industry and firms may leverage the technology to handle diversity of asset types.

/Algorithmic trading

Will you be able to make trades directly from your mind in 2069?

What will trading technology look like in 50 years? Trades powered directly by thoughts, hardware that inhibits the influence of negative emotions, and mobile-phone based 3D trading rooms could all be in our future, predicts a report.

/Algorithmic trading

"AI is the new electricity" - TSB's Janet Adams frames the debate at Finextra conference

Finextra welcomed over 200 attendees to NextGen Banking London, the one-day event that focused on how developments in AI have become a business-critical consideration for traditional banks.

/Algorithmic trading

NextGen Banking London 2019: Live blog

Welcome to Finextra’s live coverage of NextGen Banking London 2019, the one-day event which will explore how the AI revolution will permeate and disrupt the financial services industry and what role the technology will play in the future of finance.

/Algorithmic trading

Irish fintech Ion set to buy Acuris for £1bn

Ion Group, a Dublin-based financial software and data company, is reportedly in talks to acquire Acuris, the London-based owner of financial news and data service Mergermarket, in a deal expected to be worth more than £1bn.

/ai

Nomura takes stake in robotic trading venture

Nomura is investing in an AI-led high frequency trading venture set up by hedge fund manager Brevan Howard.

/Algorithmic trading

Crypto exchanges’ legal status questioned in NY

New York’s Attorney General (AG) has reported three crypto exchanges to the state’s regulator for possible violations of digital currency violations.

/Algorithmic trading

Ex SpaceX engineer launches crypto exchange

A former engineer with Elon Musk's aerospace manufacturer SpaceX has launched what he claims is a public digital currency exchange with tools and services expected of an institutional standard.

/Algorithmic trading

JP Morgan hires senior AI exec

US bank JP Morgan has hired a former Google executive as its new head of artificial intelligence (AI) and machine learning (ML).

/Algorithmic trading

Barclays recruits Goldman computer scientist as head of markets innovation

Barclays has hired Justin Brickwood, formerly head of electronic trading engineering at Goldman Sachs, to fulfill a new role as head of markets innovation, promoting the adoption of advanced AI and machine learning techniques within the bank's trading business.

/Algorithmic trading

Bloomberg curates Twitter feed for algo traders; State Street reads the news

Bloomberg is launching a real-time feed of curated Twitter data, sifting through the deluge of social media sentiment to pick out the most useful content for its algorithmic trading clients.