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Financial Advisory  + Broker/Dealers  + RIAs & Financial Advisors  + Wealth Management  | 

RBC Capital Markets Introduces Aiden Arrival, Al-based Algorithm on the Aiden Trading Platform

RBC Capital Markets has launched Aiden Arrival, a second algorithm on Aiden, its proprietary AI-based electronic trading platform, designed to help measurably improve trading outcomes. 

Aiden Arrival builds on the success of the platform’s first solution, a volume-weighted average price (VWAP) algorithm that aims to reduce price slides and offer an expanded set of measures to improve clients’ trading performance. 

“The launch of Aiden® Arrival signals an important milestone in the expansion of our innovative Aiden® trading platform. Together with Aiden® VWAP, this is just the beginning of the full opportunity for clients to have better performing trading tools,” said Bobby Grubert, Head, Digital Solutions & Client Insights‎, RBC Capital Markets. 

First launched in October 2020, the electronic trading platform uses deep reinforcement learning processes to adapt to changing market environments and improve trading results based on live market data.  

It was developed by vendors and AI scientists at RBC and Borealis AI, a research and development center founded by RBC. 

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RBC Capital Markets

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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