Archives - July 2023

The firm will deploy FlexTRADER EMS to provide sophisticated automation capabilities across equities, derivatives, and fixed income. LONDON, UK, July 26, 2023, FlexTrade Systems, a global leader in multi-asset execution and order management systems, today announced that European execution platform leader, Amundi Intermédiation, has selected FlexTRADER EMS to consolidate all asset classes traded onto a …

The release of ChatGPT by OpenAI last year, and its viral success in responding to human prompts in natural language, has ignited interest in generative AI technology, and has pushed asset managers and trading firms to grasp the technology rather than risk falling behind. Despite concerns about accuracy, financial firms and fintech providers are experimenting with specific use cases for generative AI using natural language processing trained on large language models (LLMs).