Robo-brokers in the pipeline as AiX moves to upend IDBs with AI

By Ross Lancaster
06 Feb 2020

Interdealer brokers are facing potential disruption after a new platform, AiX, announced its intention this week to compete for their fees with artificial intelligence technology that aims to replace some of the functions of human brokers.

AiX has been on the radar of established interdealer brokerage firms such as BGC Partners and TP ICAP for about a year. It began marketing its vision for changing the firms' industry and boasted hires such as a former BGC managing director and head of US equities, Bob ...

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