ING Deploys AI to Build FX and Credit Trading Systems in Hours
Updated
Updated · Bloomberg · May 26
ING Deploys AI to Build FX and Credit Trading Systems in Hours
1 articles · Updated · Bloomberg · May 26
ING is using “vibe coding” AI to build new electronic trading tools for currencies and credit, extending its push to automate parts of its markets business.
Hours of AI-assisted work are replacing development cycles that previously took teams weeks, according to global electronic trading head Simon Bevan.
Recent uses include analytics dashboards showing real-time pricing, incoming trades and performance metrics, giving traders faster visibility into market activity.
The effort is aimed at helping the Dutch lender compete more effectively with larger rivals in electronic trading, where speed of development can shape market share.
With AI building trading systems in hours, what unforeseen risks are being coded into our financial markets?
As AI automates coding, what is the one skill financial technologists must now master to survive?
When a developer's 'vibe' creates a rogue AI trader, who is legally responsible for the ensuing chaos?