Algorithmic trading technology provider, Pragma, has launched a set of execution algorithms that use AI deep-learning technology following a beta trial last year. The programme was initiated by Pragma in 2018 to explore whether deep neural networks could govern routing, sizing, pricing and timing of orders within an execution algorithm’s micro-trading engine.
The crucible of 2020 can leave a positive legacy for the financial industry, according to Barbara Novick, the retiring Vice Chairman and Co-Founder of BlackRock. “It was such a crazy, dark year on multiple fronts, but there are better times ahead,” Novick told Markets Media in a Jan. 15 interview. “We’re going to see some really good things happen.”
ETL, the London-based Settlement and Payments Infrastructure provider, today announced that Banque de France (BDF) has successfully completed a Central Bank Digital Currency (CBDC) transaction, using the SETL blockchain that powers the IZNES fund platform.
Economists at the bank leveraged a combination of public and third-party data to make conclusions about the future during uncertain times.