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Database » Finance & Insurance » Foreign Exchange Market trading optimization

Foreign Exchange Market trading optimization

Database » Finance & Insurance » Foreign Exchange Market trading optimization

Foreign Exchange Market trading optimization

UBS started an internal initiative with the goal of solving liquidity issues within foreign exchange using machine learning. In 2018, the bank announced its ORCA direct solution, which purportedly helped its employees execute foreign exchange transactions more quickly. The bank’s software could automatically decide the best digital channel by which to execute a foreign exchange deal. This may save the bank a significant amount of time, as it would be particularly difficult to optimize for a bank with access to so many separate trading channels.

Companies involved:
UBS
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