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The rise of leveraged hedge fund strategies means more trades conducted by phone or messaging
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Hugely influential traders will be hanging on the chancellor’s every word when she announces her budget Business live – latest updates At just after 12.30pm on Wednesday, the machine will be listening, the trading algorithms ready, and billions of pounds of buy-and-sell orders stacked up awaiting Rachel Reeves’s budget. For the first time on the London trading floor of Deutsche Bank, a custom-built artificial intelligence tool will tune in to the chancellor’s speech. It will transcribe her words, spot shifts in tone and spit out alerts when the numbers deviate from expectations. Continue reading… Source link India News Oil…
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A highly anticipated exhibition at the Hong Kong Palace Museum of relics from ancient Egypt descended into chaos on Saturday, with visitors complaining a confusing queuing system left them waiting for hours and many demanding a refund. The museum apologised in the evening and promised to offer additional access for the affected visitors. “Ancient Egypt Unveiled: Treasures from Egyptian Museums” features 250 artefacts, including a towering statue of Tutankhamun, and is the largest display yet of… Source link India News Oil stabilises after Ukraine peace… Training helped avert panic at… SIR after Bihar: What changed for… What does the…