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Oxford scientists develop GPU-accelerated limit order book sim to teach AI how to trade

Published 09/05/2023, 04:19 PM
Updated 09/05/2023, 06:00 PM
GOOGL
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A multidisciplinary research team from the University of Oxford recently developed a GPU-accelerated limit order book (LOB) simulator called JAX-LOB, the first of its kind.

JAX is a tool for training high-performance machine learning systems developed by Google (NASDAQ:GOOGL). In the context of a LOB simulator, it allows artificial intelligence (AI) models to train directly on financial data.

Using JAX-LOB provided researchers a substantial improvement over CPUs. Source: Frey et al, 2023

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