Is AI a double-edged sword?
How can firms address – and safeguard themselves from – potential execution algorithm risks, asks SGX’s Trivedi
The integration of artificial intelligence (AI) into capital markets is both a revolution and a reckoning. While algos promise speed and efficiency, the risks they pose – from flash crashes to market instability – are becoming increasingly apparent. History provides ample evidence of algorithmic trading exacerbating market volatility. Notably, the 2010 Flash Crash, a 1,000-point Dow Jones plunge that erased $1 trillion, and the 2018 selloff, featuring a 1,100-point DJIA drop, serve as stark
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How FX execution adapted to tariff turmoil
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Bank FX market-makers ramp up AI usage
Barclays applies tech to predictions, while HSBC and ING look at pricing accuracy
Fnality joins DLT-based PvP FX settlement service
Baton Systems and Osttra’s joint payment-versus-payment FX network adds central bank-backed settlement option
Banks seek to advance predictive pricing models
AI and machine learning-based tools could give FX desks the power to forecast currency movements
State Street’s interop play for FX
About six years ago, State Street partnered with Interop.io to tie together its GlobalLINK suite of platforms. How does this play into the “re-use” mantra?
New FX swap matching platform aims to bridge voice and e-trading
FXswapX seeks to electronify “the last bastion of voice trading” in the interdealer market
Adoption of standard FX reject code too slow – Schroders trader
Standardised codes aim to improve consistency and transparency around why trades are rejected
Mastering the millisecond market
Leveraging millisecond-level data could unlock FX trading opportunities, says LMAX Group’s Sundaram
