# Which large banks use AI for trading and markets?

Source: https://www.bankingnewsai.com/banks/leaders/ai-trading-and-markets
Last updated: Oct 30, 2026


Checked 2026-10-28 · bank profiles. Nothing on this page is written by a model: every row is computed from that dataset.

On the public record as of Oct 28, 2026, 32 of the 141 large banks profiled describe at least one sourced AI use case for trading and markets on their profile. Ranked by use cases (in production), the top 5 are Société Générale (3 use cases), Citi (3 use cases), Standard Chartered (3 use cases), State Street (3 use cases) and Deutsche Bank (U.S.) (2 use cases). Société Générale's strongest evidence: Trading Assistant for derivatives requests for quotation: A market-specific NLP and machine-learning chatbot, designed in 2017 for equity requests for quotation, later extended….

## Which of the large banks use AI for trading and markets?

| # | Bank | Use cases (in production) | Strongest use case | Status | Date | On this site | Sources |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | [Société Générale](https://www.bankingnewsai.com/banks/societe-generale) | 3 | Trading Assistant for derivatives requests for quotation: A market-specific NLP and machine-learning chatbot, designed in 2017 for equity requests for quotation, later extended… | In production (3 of 3 in production) | Feb 1, 2025 | [Société Générale profile](https://www.bankingnewsai.com/banks/societe-generale#where) | [Societe Generale](https://societegenerale.com/sites/default/files/documents/2024-09/applying-data-ia-flagship-use-cases.pdf) |
| 2 | [Citi](https://www.bankingnewsai.com/banks/citigroup) | 3 | Market Guide (Investor Services): AI-powered search and intelligent summaries inside the Custody+ suite, covering more than 100 custody markets and 62… | In production (2 of 3 in production) | Sep 29, 2026 | [Citi profile](https://www.bankingnewsai.com/banks/citigroup#where) | [Citigroup](https://www.citigroup.com/rcs/citigpa/storage/public/Earnings/Q12026/2026psqtr1rslt.pdf); [Citigroup (Business Wire)](https://secure.businesswire.com/news/home/20260929289110/en/Citi-Investor-Services-Reimagines-Market-Guide-Platform-Harnessing-AI-to-Deliver-Timely-Intelligence-for-Decision-Makers) |
| 3 | [Standard Chartered](https://www.bankingnewsai.com/banks/standard-chartered) | 3 | AI-driven Treasury liquidity management: Faster, clearer liquidity insights, cited as an example of deploying AI in a complex, regulated environment | In production (2 of 3 in production) | Jun 5, 2026 | [Standard Chartered profile](https://www.bankingnewsai.com/banks/standard-chartered#where) | [Standard Chartered PLC](https://sc.com/en/uploads/sites/66/content/docs/standard-chartered-may-2026-investor-event-transformation-transcript.pdf); [Standard Chartered PLC](https://www.sc.com/en/press-release/standard-chartered-launches-industry-first-ai-powered-fx-insights) |
| 4 | [State Street](https://www.bankingnewsai.com/banks/state-street) | 3 | AI research and market views: Investment-management research on AI's market and macro effects | In production (2 of 3 in production) | Feb 13, 2026 | [State Street profile](https://www.bankingnewsai.com/banks/state-street#where) | [CNBC](https://www.cnbc.com/video/2026/02/13/ai-failure-to-scale-is-a-agrey-swan-state-street-im.html); [State Street](https://www.statestreet.com/alpha/insights/new-standard-in-data-quality) |
| 5 | [Deutsche Bank (U.S.)](https://www.bankingnewsai.com/banks/deutsche-bank-us) | 2 | Voice surveillance and an LLM for trade anomalies: Google Speech-to-Text voice surveillance with more than 90% transcription accuracy, about 10x wider lexicon and 65%… | In production (2 of 2 in production) | Oct 14, 2026 | [Deutsche Bank (U.S.) profile](https://www.bankingnewsai.com/banks/deutsche-bank-us#where) | [Deutsche Bank Corporate Bank](https://corporates.db.com/more/latest-news/deutsche-bank-supports-data-centre-development-in-virginia); [Deutsche Bank](https://db.com/what-we-do/focus-topics/tech/index) |
| 6 | [Western Alliance](https://www.bankingnewsai.com/banks/western-alliance) | 2 | WA VenueX on-chain settlement: Always-on dollar liquidity for stablecoin issuers and digital-asset firms | In production (2 of 2 in production) | Jul 24, 2026 | [Western Alliance profile](https://www.bankingnewsai.com/banks/western-alliance#where) | [Business Wire via FT Markets](https://markets.ft.com/data/announce/detail?dockey=600-202607240855BIZWIRE_USPRX____20260724_BW077921-1); [Western Alliance Bancorporation (SEC filings)](https://www.sec.gov/Archives/edgar/data/1212545/000162828026033850/wal_investordayx2026xfin.htm) |
| 7 | [Northern Trust](https://www.bankingnewsai.com/banks/northern-trust) | 2 | NT Adaptive Equity (NLP and alternative data): Two UCITS funds apply natural-language processing and alternative data to stock selection | In production (2 of 2 in production) | Jun 3, 2026 | [Northern Trust profile](https://www.bankingnewsai.com/banks/northern-trust#where) | [Northern Trust Asset Management](https://ntam.northerntrust.com/united-states/all-investor/insights/investment-perspective-and-commentary/2026/how-does-natural-language-processing-work); [Northern Trust Asset Management](https://ntam.northerntrust.com/content/dam/northerntrust/investment-management/global/en/documents/research/quantitative/uncovering-alpha-networked-economy.pdf) |
| 8 | [TD](https://www.bankingnewsai.com/banks/td-bank-us) | 2 | TD Securities AI Virtual Assistant: Equity research and market-data assistant on OpenAI enterprise GPT, built with Layer 6 | In production (2 of 2 in production) | Oct 9, 2025 | [TD profile](https://www.bankingnewsai.com/banks/td-bank-us#where) | [Bloomberg](https://www.bloomberg.com/news/articles/2025-06-16/td-bank-uses-automation-to-trade-more-bonds-with-fewer-people); [American Banker](https://americanbanker.com/news/give-me-five-trade-ideas-tds-traders-embrace-chatgpt) |
| 9 | [Barclays](https://www.bankingnewsai.com/banks/barclays) | 2 | BARXBot FX quotation chatbot: AI chatbot that helps colleagues initiate FX trades and delivers quotes 75% faster than the previous approach, per the… | In production (1 of 2 in production) | Oct 5, 2026 | [Barclays profile](https://www.bankingnewsai.com/banks/barclays#where) | [Yahoo Finance (Quartr)](https://finance.yahoo.com/quote/BARC.L/earnings/BARC.L-Q4-2025-earnings_call-391930.html); [Barclays](https://home.barclays/insights/2025/07/scaling-AI-at-Barclays) |
| 10 | [UBS (US)](https://www.bankingnewsai.com/banks/ubs-usa) | 2 | Generative AI in investment-bank research: Generative AI across research workflows | In production (1 of 2 in production) | Jul 29, 2026 | [UBS (US) profile](https://www.bankingnewsai.com/banks/ubs-usa#where) | [PR Newswire via FT Markets](https://markets.ft.com/data/announce/full?dockey=600-202608100800PR_NEWS_USPRX____LA22149-1); [UBS Group AG and UBS AG (Business Wire)](https://businesswire.com/news/home/20260728010217/en/UBS-AG-UK-Regulatory-Announcement-UBS-reports-2Q26-net-profit-of-USD-2.8bn-and-USD-5.8bn-for-1H26-with-robust-momentum-across-businesses-Group-invested-assets-at-USD-7.3trn-Ad-hoc-announcement-pursuant-to-Article-53-of-the-SIX-Exchange-Regulation-Listing-Rules) |
| 11 | [HSBC](https://www.bankingnewsai.com/banks/hsbc) | 2 | Fine-tuned small language models for financial-news insights: HKMA sandbox project testing whether smaller, deployable language models can answer traders' queries, such as spotting… | Pilot (0 of 2 in production) | Oct 24, 2025 | [HSBC profile](https://www.bankingnewsai.com/banks/hsbc#where) | [HSBC Holdings plc](https://hsbc.com/-/files/hsbc/media/media-release/2025/250923-hsbc-demonstrates-worlds-first-known-quantum-enabled-algorithmic-trading-with-ibm.pdf); [The Hongkong and Shanghai Banking Corporation Limited](https://www.about.hsbc.com.hk/-/media/hong-kong/en/news-and-media/251024-hsbc-hkma-genai-sandbox-use-cases-summary.pdf?sc_lang=en-GB) |
| 12 | [BBVA](https://www.bankingnewsai.com/banks/bbva) | 1 | Algorithmic pricing and the ePricer 'On The Fly Ideas': Models quote bonds, swaps and FX on request and hedge risk, validated by backtesting and A/B tests | In production | Oct 9, 2026 | [BBVA profile](https://www.bankingnewsai.com/banks/bbva#where) | [BBVA](https://www.bbva.com/en/enterprises/the-algorithmic-trader-how-ai-is-redefining-the-trading-desk/); [BBVA](https://bbva.com/en/enterprises/bbva-brings-ai-into-the-epricer-experience-ai-powered-ideas-and-smarter-tools-bring-a-new-generation-of-epricer-to-life) |
| 13 | [Deutsche Bank](https://www.bankingnewsai.com/banks/deutsche-bank) | 1 | Voice and trade surveillance: Google Speech-to-Text voice surveillance with over 90% transcription accuracy, about 10x wider lexicon and 65% lower… | In production | Oct 5, 2026 | [Deutsche Bank profile](https://www.bankingnewsai.com/banks/deutsche-bank#where) | [Deutsche Bank](https://db.com/what-we-do/focus-topics/tech/index); [Bloomberg](https://bloomberg.com/news/articles/2026-02-25/deutsche-bank-goldman-look-to-ai-to-flag-trader-misconduct) |
| 14 | [OCBC](https://www.bankingnewsai.com/banks/ocbc) | 1 | A.I. Oscar stock picker: Deep-learning tool launched in June 2024 at OCBC Securities that predicts stock price movements and generates… | In production | Oct 5, 2026 | [OCBC profile](https://www.bankingnewsai.com/banks/ocbc#where) | [Oversea-Chinese Banking Corporation](https://ocbc.com/iwov-resources/sg/ocbc/gbc/pdf/investors/annual-reports/2024/ocbc-annual-report-2024.pdf); [Oversea-Chinese Banking Corporation](https://ocbc.com/group/investors/annual-reports/2024-annual-report/creating-value-through-ai.page) |
| 15 | [RBC](https://www.bankingnewsai.com/banks/rbc) | 1 | Aiden: electronic trading and AidenResearch: Aiden began as a deep reinforcement learning electronic trading platform and now includes AidenResearch, agents that… | In production | Oct 5, 2026 | [RBC profile](https://www.bankingnewsai.com/banks/rbc#where) | [NVIDIA](https://nvidia.com/en-us/case-studies/rbc-capital-markets); [American Banker](https://americanbanker.com/news/rbc-says-its-focus-on-ai-is-paying-dividends) |
| 16 | [Banco Santander](https://www.bankingnewsai.com/banks/santander) | 1 | Automated Pricer in global markets: A sales tool for equity derivatives and repos that increases pricing automation, serving more client requests and… | In production | Jul 22, 2026 | [Banco Santander profile](https://www.bankingnewsai.com/banks/santander#where) | [Banco Santander](https://santander.com/content/dam/santander-com/en/documentos/resultados-trimestrales/2026/q2/rt-q2-2026-banco-santander-financial-report-en.pdf); [Yahoo Finance](https://finance.yahoo.com/quote/1SANX.MI/earnings/1SANX.MI-Q2-2026-earnings_call-545738.html) |
| 17 | [SoFi](https://www.bankingnewsai.com/banks/sofi) | 1 | Composer: AI builds strategies, fixed rules execute them: SoFi says Composer uses AI to help investors build rules-based strategies that then run automatically under predefined… | In production | Jun 23, 2026 | [SoFi profile](https://www.bankingnewsai.com/banks/sofi#where) | [PYMNTS](https://pymnts.com/news/artificial-intelligence/2026/sofi-ventures-into-ai-investing-with-composer-acquisition); [Business Wire via FT Markets](https://markets.ft.com/data/announce/full?dockey=600-202606230800BIZWIRE_USPRX____20260623_BW095057-1) |
| 18 | [ING](https://www.bankingnewsai.com/banks/ing) | 1 | In-house AI FX pricing model: A reinforcement-learning model took over currency pricing work in 2024, built in three months with six weeks of… | In production | May 26, 2026 | [ING profile](https://www.bankingnewsai.com/banks/ing#where) | [Moby via Yahoo Finance](https://finance.yahoo.com/markets/crypto/articles/ing-built-trading-system-hours-153057815.html); [Business Times (Bloomberg)](https://businesstimes.com.sg/companies-markets/banking-finance/ai-model-better-pricing-currencies-humans-ing) |
| 19 | [Texas Capital](https://www.bankingnewsai.com/banks/texas-capital) | 1 | MAP mortgage-asset trading platform: Institutional-grade infrastructure for whole loans, pools and MSRs with warehouse connectivity | In production | May 18, 2026 | [Texas Capital profile](https://www.bankingnewsai.com/banks/texas-capital#where) | [Texas Capital](https://texascapitalbank.com/who-we-are/newsroom/news/2026/05/18/texas-capital-launches-maptm) |
| 20 | [Barclays US](https://www.bankingnewsai.com/banks/barclays-us) | 1 | Group gen-AI in markets and research: BARXBot for RFQs | In production | Apr 14, 2026 | [Barclays US profile](https://www.bankingnewsai.com/banks/barclays-us#where) | [Business Wire via FT Markets](https://markets-data-api-proxy.ft.com/data/announce/full?dockey=600-202604141058BIZWIRE_USPRX____20260414_BW065778-1) |
| 21 | [UMB](https://www.bankingnewsai.com/banks/umb) | 1 | AI as an investment theme for clients: Investment-team commentary on AI's market and economic effects | In production | Mar 2, 2026 | [UMB profile](https://www.bankingnewsai.com/banks/umb#where) | [UMB Financial](https://blog.umb.com/economy-ai-impacts-on-the-markets/) |
| 22 | [First Citizens](https://www.bankingnewsai.com/banks/first-citizens) | 1 | AI-sector research (innovation banking): SVB reports on AI funding, healthcare and 'zombiecorns' | In production | Jan 8, 2026 | [First Citizens profile](https://www.bankingnewsai.com/banks/first-citizens#where) | [First Citizens Bank](https://newsroom.firstcitizens.com/2026-01-08-AI-Investment-Accounted-for-Nearly-Half-of-Healthcare-Investment-in-2025-Silicon-Valley-Bank-Releases-17th-Healthcare-Investments-and-Exits-Report); [CNBC](https://www.cnbc.com/2025/05/20/ai-startups-unicorns-zombiecorns.html) |
| 23 | [BMO](https://www.bankingnewsai.com/banks/bmo-us) | 1 | Machine and reinforcement learning in credit and capital markets: Darryl White says BMO actively uses machine and reinforcement learning models in credit and capital markets | In production | Dec 4, 2025 | [BMO profile](https://www.bankingnewsai.com/banks/bmo-us#where) | [Investing.com](https://investing.com/news/transcripts/earnings-call-transcript-bank-of-montreal-q4-2025-earnings-beat-expectations-93CH-4391363) |
| 24 | [TD Bank Group](https://www.bankingnewsai.com/banks/td-bank-group) | 1 | TD Securities AI Virtual Assistant: An OpenAI GPT assistant with retrieval over TD Securities research and market data and text-to-SQL, used by about… | In production | Oct 9, 2025 | [TD Bank Group profile](https://www.bankingnewsai.com/banks/td-bank-group#where) | [VentureBeat](https://venturebeat.com/ai/td-securities-taps-layer-6-and-openai-to-deliver-real-time-equity-insights-to-sales-and-trading-teams); [American Banker](https://americanbanker.com/news/give-me-five-trade-ideas-tds-traders-embrace-chatgpt) |
| 25 | [BofA](https://www.bankingnewsai.com/banks/bank-of-america) | 1 | Capital Markets Insights and the TED score: An AI-driven algorithm on market variables produces a score of the macro backdrop for investment-grade issuance on a… | In production | Sep 29, 2025 | [BofA profile](https://www.bankingnewsai.com/banks/bank-of-america#where) | [Bank of America Newsroom](https://newsroom.bankofamerica.com/content/newsroom/press-releases/2025/09/bofa-unveils-ai-driven-capital-markets-insights-on-cashpro--app.html) |
| 26 | [Raymond James](https://www.bankingnewsai.com/banks/raymond-james) | 1 | Predictive machine learning in Advisor Access: Data-driven client insights for advisors | In production | May 15, 2025 | [Raymond James profile](https://www.bankingnewsai.com/banks/raymond-james#where) | [Raymond James](https://raymondjames.com/athens-branch/about-us/press-releases/2025/05/15/raymond-james-expands-service-focused-technology-investment-with-zoom-ai-companion) |
| 27 | [Morgan Stanley](https://www.bankingnewsai.com/banks/morgan-stanley) | 1 | AskResearchGPT: Research assistant for investment banking, sales and trading | In production | Oct 1, 2024 | [Morgan Stanley profile](https://www.bankingnewsai.com/banks/morgan-stanley#where) | [Morgan Stanley](https://www.morganstanley.com/press-releases/morgan-stanley-research-announces-askresearchgpt) |
| 28 | [East West](https://www.bankingnewsai.com/banks/east-west) | 1 | Online FX trading with straight-through processing: Customers in some segments can trade FX online across currencies without a phone call | Rolling out | Sep 14, 2026 | [East West profile](https://www.bankingnewsai.com/banks/east-west#where) | [Investing.com](https://investing.com/news/transcripts/east-west-bank-at-barclays-conference-growth-fees-and-capital-93CH-4900251); [Investing.com](https://investing.com/news/transcripts/earnings-call-transcript-east-west-bancorp-tops-q3-2025-expectations-93CH-4300424) |
| 29 | [Goldman](https://www.bankingnewsai.com/banks/goldman-sachs) | 1 | Marquee AI for institutional clients: Natural-language assistant on the Marquee platform that breaks a question into research topics and attributes… | Pilot | Aug 24, 2026 | [Goldman profile](https://www.bankingnewsai.com/banks/goldman-sachs#where) | [Goldman Sachs](https://goldmansachs.com/insights/goldman-sachs-exchanges/building-ai-systems-for-capital-markets) |
| 30 | [JPMorgan](https://www.bankingnewsai.com/banks/jpmorgan-chase) | 1 | AI investing agents (research): Research built multi-agent systems that beat a 60/40 portfolio in two-decade backtests — a research result, not a… | Pilot | Jul 9, 2026 | [JPMorgan profile](https://www.bankingnewsai.com/banks/jpmorgan-chase#where) | [Bloomberg](https://www.bloomberg.com/news/articles/2026-07-09/jpmorgan-builds-ai-agents-that-beat-60-40-portfolio-in-backtests) |
| 31 | [City National](https://www.bankingnewsai.com/banks/city-national) | 1 | Agentic retrieval over financial filings (Borealis research): Award-winning research on finding and interpreting information in complex filings | Pilot | May 27, 2026 | [City National profile](https://www.bankingnewsai.com/banks/city-national#where) | [RBC](https://jobs.rbc.com/ca/en/rbc-researchers-win-global-ai-challenge-for-finance) |
| 32 | [Commerce](https://www.bankingnewsai.com/banks/commerce) | 1 | AI-enabled wealth and trust tools: 'Actively exploring' for sophisticated trust, estate and investment needs | Pilot | Feb 24, 2026 | [Commerce profile](https://www.bankingnewsai.com/banks/commerce#where) | [Commerce Bancshares](https://commercebank.com/-/media/cb/pdf/about-us/annual-reports/2025annualreport.pdf) |

## How is this ranked?

Data: the 141 bank profiles on this site (lib/banks), every entry dated and sourced: the "Where AI runs" use cases, each with a status (in production, rolling out, pilot, announced).

Rule: Use cases tagged trading-markets. Score = matching use cases. Order: matching use cases, then those in production, then the strongest stage, then the newest source.

Counts: 32 of 141 profiled banks qualify; 50 distinct sources cited in the table. Data checked 2026-10-28; ranking template updated 2026-10-30.

## What are the caveats?

Banks absent from the table have nothing matching on the record this site holds, which is not evidence that they do nothing. Each row links the bank's own page, where every entry carries its sources.

## FAQ

### Which bank ranks first?

Société Générale leads with 3 use cases: Trading Assistant for derivatives requests for quotation: A market-specific NLP and machine-learning chatbot, designed in 2017 for equity requests for quotation, later extended…. Citi is second with 3.

### How many large banks describe AI use cases for trading and markets?

32 of the 141 profiled banks (120 US, 21 non-US groups). Among those listed, 21 are US banks and 11 non-US groups.

### What counts, and what does not?

Use cases tagged trading-markets. Score = matching use cases. Order: matching use cases, then those in production, then the strongest stage, then the newest source. Source: the 141 bank profiles on this site (lib/banks), every entry dated and sourced: the "Where AI runs" use cases, each with a status (in production, rolling out, pilot, announced).

### Is this a measure of capability?

No. Every row is a sourced fact on the public record: what the bank, a regulator, a filing or an independent outlet has put on the record. The page does not rate how well anything works.

### When was this checked, and how often does it update?

The data behind the table was last checked on 2026-10-28 (bank profiles). The page recomputes whenever that dataset changes and is republished with the site; it is never edited by hand.

## Related questions

- [Which large banks are the leaders in AI?](https://www.bankingnewsai.com/banks/leaders/ai)
- [Which banks lead in AI for wealth management?](https://www.bankingnewsai.com/banks/leaders/wealth-management-ai)
- [Which large banks use AI for treasury, cash management and liquidity?](https://www.bankingnewsai.com/banks/leaders/ai-treasury)
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- [Which large banks use AI for anti-money-laundering (AML) and sanctions screening?](https://www.bankingnewsai.com/banks/leaders/ai-aml)
- [Which large banks use AI for customer service?](https://www.bankingnewsai.com/banks/leaders/ai-customer-service)
- [All ranked answers](https://www.bankingnewsai.com/banks/leaders)

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