Machines can save 20% on routing orders, UBS says

Machine learning is navigating the labyrinth of venues, figuring out how best to land the trade

Machine learning discounts

The UBS forex, rates and credit trading team has been using supervised machine learning (ML) to route client orders through a virtual maze of venues, shaving as much as a fifth off the bank’s execution costs.

Giuseppe Nuti, a managing director with the Strategic Development Lab in UBS’s foreign exchange, rates and credit business, says the group has trained its machines how to optimally route and trade so-called child orders, or ones that have been split off an initial ‘parent’ order. The Lab

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here