Bank FX market-makers ramp up AI usage
Barclays applies tech to predictions, while HSBC and ING look at pricing accuracy
Bank foreign exchange market-makers are increasingly using machine learning and artificial intelligence technology to improve their pricing predictions and sharpen levels shown to clients.
Non-bank market-makers have long achieved strong revenues in FX from their ability to use technology to predict where rates will go next. This allows them to adjust their hedging or inventory holdings to benefit
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