ICE: LLMs drove 60% increase in ICE Chat trades

The exchange revealed it has been working with LLMs for a decade to drive automation around its messaging platform. Now, it’s looking for more uses across all asset classes.

Intercontinental Exchange has seen a 60% increase in the number of transactions executed via its ICE Chat messaging platform as a result of refining proprietary large language models that help automate trading over the platform.

“We’re seeing good demand for adoption of our proprietary LLMs, and we are seeing the effect of that not just in our data services revenues, but also in other segments, such as energy trading,” said Lynn Martin, president of NYSE and chair of ICE’s Fixed Income & Data

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here