FX automation a gradual refinement of processes; now making headway into execution
Panelists at TradeTech FX Europe extol virtues of automation for FX trading and how trading processes will have to adapt to keep up.
Tag: FX
Foreign Exchange
BNP Paribas gives FX algos a voice with launch of ‘ALiX’ digital trading assistant
BNP Paribas takes a leaf out of Silicon Valley’s book with a Siri-style digital trading assistant, which is launching alongside real-time market analytics and interactive algorithms as part of major upgrade to the bank’s Cortex FX trading platform.
Stefanie Holtze-Jen: Diversity and the data opportunity
Stefanie Holtze-Jen, chief currency strategist at DWS Group, talks to The TRADE about the need for greater diversity in FX and how this will help further the revolution in data analytics.
Northern Trust appoints global FX operating chief
Marisa Kurk will oversee operations of the global foreign exchange business at Northern Trust.
Deutsche Börse confirms talks to buy FX businesses from Refinitiv
Deutsche Börse in discussions to acquire Refinitiv's FXall platform but refutes reports of a $3.5 billion price tag.
Nomura to provide Japanese funds access to CLSSettlement
The introduction of Japanese funds onto the FX settlement service follows a multi-year effort to onboard the Japanese buy-side community to CLSSettlement.
Buy-side panellists divided on importance of pre-trade analytics for FX risk mitigation
Speakers from Fidelity Investments and Manulife Asset Management offered opposing views on the role of pre-trade analytics in FX trading at TradeTech FX USA.
Buy-Side
Buy-side looking for flexibility as top technology requirement from vendors
Buy-side panellists highlight importance of working with forward-looking technology vendors and warn those that do not take a pro-active approach.
Data will be key differentiator for FX platforms amid consolidation concerns
Intelligent use and provision of data sets to buy-side clients will be a defining factor for FX trading venues going forward according to TradeTech FX USA panel.
JP Morgan launches FX algo execution service on Bloomberg App portal
Algo Central is the first institutional FX algo execution services application offered by a global bank on the Bloomberg App Portal.