Fixed income traders need more transparency.
The AI system transforms large quantities of structured and unstructured data.
Liquidnet says behavior must change along with technology.
Firms are taking the opportunity to cut spending on research globally.
Writing essays to support trading decisions "is not ideal."
Lack of a consolidated tape and cost of market data were raised.
Innovation in data analytics is as important as advances in trading technologies.
FIX Orchestra sets machine readable rules of engagement.
Common standards, akin to the FIX protocol, are indicated as a next stop for the industry.