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Machine learning will create new sales-bots – UBS’s Nuti

Technologists working to automate indications of interest from trading desks

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Trading is moving to a point where there is almost no human involvement, as market participants employ algorithms that generate – and respond to – indications of interest (IOIs), according to Giuseppe Nuti, head of machine learning at UBS.

“I imagine that in the next few years, we’re going to see a lot more approaches coming up. So much so that it will even be algorithmic-to-algorithmic IOIs

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