Ubs this week showcased how two artificial intelligence systems can help traders perform better at the swiss bank s futuristic new.
There s a robot on the trading floor.
Have to place human workers on the trading floor too.
Basically robots and other forms of automated software promise to make traders big profits with little or no effort on their part.
The trader as the operator of the trading robot has the possibility of full control over it which allows the robot to adjust the trading robot make changes to the program code or change the algorithm.
Robots are moving on to the trading floors of investment banks.
The trading robot program allows you to fully or partially take over the process of working on the trading floor.
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.
Why robot traders haven t replaced all the humans at the new york stock exchange yet.
This is why robots became popular.