News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Commentary

Citi’s fat finger blunder shows perils of AI in trading

Banks might want to proceed with caution after another fine for Citi

Algorithms might start colluding or driving market volatility
Algorithms might start colluding or driving market volatility Photo: Getty Images

David Wighton is a columnist for Financial News

If you ask experts about the risks of using more AI in financial trading, you tend to get the same general line: you can imagine ways in which it could go badly wrong, but regulators and firms should be able to work together to ensure it doesn’t.

WSJ Logo