There S A Robot On The Trading Floor

At nyse there are computerized electronic only.

There s a robot on the trading floor.

The trading robot program allows you to fully or partially take over the process of working on the trading floor. Ubs this week showcased how two artificial intelligence systems can help traders perform better at the swiss bank s futuristic new. Proponents of the trading pit say having people on the floor can help relay the message of the pit and can help provide an assessment of a trader s intentions behind a buy or sell move. Basically robots and other forms of automated software promise to make traders big profits with little or no effort on their part.

There s a robot on the trading floor introducing artificial intelligence systems on ubs trading floors automation in financial services has long been confined to transforming back office roles with robotic process automation removing repetitive processes in compliance and risk. This is why robots became popular. When trading on the forex market sometimes it s tempting to just to sit back and let a pro or an automated device do the work for you. Robots are moving on to the trading floors of investment banks.