Jefferies' Quant Team Builds Chatbot For Faster Equities Trading
In minutes, JEFQuants compiles information from multiple sources into a unique data package based on traders' queries.
The quantitative arm of American investment bank Jefferies has built a chatbot, JEFQuants, to assist in equity trading by providing anyone—traders, clients, or portfolio managers—with real-time pre-trade information, such as bid-ask spreads, spots to find liquidity, or whether a stock is a historically volatile name.
JEFQuants, developed in partnership with Symphony Communication Services, acts as a single point of reference for data that traders typically source using a combination of
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