Judging by the level of activity in the banking industry, machine learning is on its way to being the next big innovation to hit the trading desk. Leading banks are diving into the field, building up their expertise in machine learning, running trials in their innovation labs, and exploring ways to use this form of artificial intelligence to transform the trading process.
According to consulting firms that are tracking this trend, machine learning is already being deployed to help identify trading signals, optimize market-making, anticipate trade breaks, and improve the interaction between banks and their clients.
The potential impact could be as big as the algorithmic...
Mike Davis, director of oil market development at Intercontinental Exchange, discusses current trends shaping the global oil markets. He discusses how supply and demand, the return of inflation, and the expansion of product breadth have contributed to the