Citibank Tests FX AI System Compatible With F/X Trader?

TECHNOLOGY

Often dismissed as the stuff of dreams, artificial intelligence (AI) has been quietly creeping into the foreign exchange industry over the past couple of years. At a conference in New York last week, Citibank officials talked about their firm's latest AI foreign exchange application.

Daniel Raab, vice president at Citibank's advanced technology unit, revealed that the bank has been testing a prototype foreign exchange decision-support system that incorporates AI for several months. The FX Pos