Nomura advances AI trading platform for FX and fixed income

Over the next year the bank will converge its trading desk infrastructure to create a cross-asset class system

city trading
AI power: one challenge for Nomura was getting the teams to interact and work together globally

Nomura is in the process of developing an artificial intelligence-powered trading platform for foreign exchange and fixed income and, as part of a multi-year global e-strategy, it has spent the last eight to nine months consolidating its trading operations to create a single front-office unit.

In May 2019, FX Week reported the bank had formed a new global team, combining expertise among specialists picked from quantitative modelling, IT and its artificial intelligence lab. The team is designing

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Outlook for e-FX: opportunities and risks for banks

As electronification spreads into new areas of FX trading, banks are under pressure to digitise more of their offerings to remain competitive. The race is now on to automate pricing, trading and hedging in areas such as non-deliverable forwards, swaps…

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