Over the past year, OpenAI driven-solutions such as ChatGPT and its latest version, GPT-4, which apply natural language processing to large language model (LLM) systems, have been in the spotlight, with firms racing to understand the first practical applications of the technology being used directly within the trading space, and specifically, OEMS solutions.
What is “FlexA”?
FlexTrade’s groundbreaking innovation, which has the working name of FlexA, is a voice-activated application developed by FlexTrade’s in-house data science team which provides an AI layer across FlexTRADER EMS to simplify the interaction between the trader and their trading technology platform and easily and intuitively work with vast swathes of information outside the more traditional 2D grid visualization and input devices currently used.
How does FlexA work within FlexTRADER EMS?
Traders using FlexTRADER EMS, with FlexA enabled, can apply natural language to interrogate and control the solution via voice commands or a text-based chat interface. For instance, clients can ask verbal or written questions to quickly and easily achieve a deep situational awareness of orders within their blotter using a combination of specific criteria or characteristics such as “What is the value of my Swiss orders” or “How many of my orders are over 10% ADV?”.
Additionally, traders can request ad-hoc reports on historical trading with specific visualization formats, including tables and charts, to assist with pre-trade decision-making. FlexA TradeQuery enables traders to use natural language to rapidly interact, interrogate and understand data in the manner that makes the most sense to them.
For example: “Show me a chart of my top ten algos in Feb” or “Chart my traded value in 2022”. The outcome is that it erodes the barriers created by traditional input devices such as keyboard and mouse, enabling trading teams to work quickly to understand and optimize their pre-trade decisions, which is paramount in today’s constantly changing environment.
Furthermore, additional value can be derived from FlexA when combined with FlexTRADER’s powerful, sophisticated automation capabilities. For instance, traders can send actions to be automated to help speed up workflow. For example, “create a ticket for my US orders less than 500k using the VWAP AlgoWheel” or “merge AAPL.”
Interested in working with FlexTrade on FlexA?
The FlexTrade team is now looking to roll out FlexA as a beta test to a few clients to get initial feedback. If you are interested in working with us on this initiative, please fill in the form on the page, or contact your FlexTrade account manager for more information.
Interested in partnering?
The FlexTrade team is working on refining the solution further. If you are interested in seeing FlexA in more detail, fill out the form below.
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