Robots to replace chief dealers and compliance officers in FX? A good look into AI - FinanceFeeds

Robots to replace chief dealers and compliance officers in FX? A good look into AI

What will become of Simon and Nigel when the automatons and cyborgs arrive en masse?

As financial institutions replace certain functions which were traditionally operated by human resources with interactive robots, we take a look at how the FX industry may go in the same direction

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Industry News, Retail FX, Technology, Week in Review

End of the service center? Bots are beginning to replace humans in financial services support positions

The introduction of artificial intelligence systems at large firms in the financial services industry is starting, with one Japanese giant laying off 34 staff and replacing them with IBM’s Watson Explorer which possesses human-like abilities and can translate to paying withdrawals and calculating IB payments, as well as compliance functionality

Inside View, Live from China FXIC, Technology

China’s FX platform conundrum. We dissect where MT4 and MT5 will fit into the future, live from Shanghai

“With MetaTrader 5, the user experience is not as expected. Let me make an example. If a broker wants to mark up $10 commission on a trade, then a trader will see the commission charged, however in MetaTrader 5 the commission charge is combined within the floating profit & loss, therefore it is much more difficult for traders to realize the amount of commission that they have been charged.” – Yonglong Wu, Senior Sales Manager, Leverate