FX algos contribute to thinning of order book, BIS report suggests
Research from BIS outlined that the thinning of the order book due to automation and FX algo trading could impact market functioning in times of volatility.
Research from BIS outlined that the thinning of the order book due to automation and FX algo trading could impact market functioning in times of volatility.
The latest expansion of Virtu Financial’s analytics platform will see dedicated TCA for FX algo trading.
A client report from JP Morgan seen by The TRADE revealed that adaptive algo use increased in March, while limit-based strategies declined.
Nomura is the latest firm to add its algorithmic trading strategies to the BidFX execution management system.
After launching its machine learning-based FX algo trading tool in April, JP Morgan says it is looking to increase adoption of the technology in FX.
Panelists at TradeTech FX USA agreed that the buy-side has a better grasp on how algos operate, but less so about the underlying liquidity.
Algo Central is the first institutional FX algo execution services application offered by a global bank on the Bloomberg App Portal.