In aviation, a black box is an on-board record of flight data that can be crucial in tracing the causes of an aircraft accident. The black box is, in reality, painted bright orange; it is designed to be found, opened and inspected.
By contrast, black boxes in the finance industry are opaque repositories of complex algorithms and coding that are tough to break open and study. With more widespread adoption of artificial intelligence, investment managers are starting to ask themselves whether
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails