Algorithmic Trading
FX automation: mission incomplete?
This FX Markets webinar delves into the evolution of FX trading desks, the challenges to automating trade workflows, and what vendors and liquidity providers are doing to address this
Artificial intelligence in FX ‘may be hype’
Relevance for AI in foreign exchange does not stack up compared with other classes
Algo adoption at inflection point, driven by buy side
Usage in FX is rising, but there are inherent limitations to overall take-up
JP Morgan traded $250 billion via NDF algos this year
A fifth of all the NDF algo volumes conducted by JP Morgan’s clients is being internalised
Tradepoint onboards 10 streaming NDF providers for broken dates
The firm sees greater use of algos to trade NDFs in increasingly electronified market
Danske overhauls FX technology to rebuff Tier 1 competition in Nordics
Bank inks partnerships on pricing engine, connectivity and algos; tests mobile solution for corporates
Tradepoint’s passive triangulation algo for synthetic crosses
Product allows regional banks to show passive interest in non-existent pairs where there is no direct market
UBS developing customisable client pricing engine
Swiss bank wants to give individual clients fully customised price without affecting system performance
Tradepoint to roll out fixing algo
Trading tech firm plans to introduce in-house fixing algo, captured under its ‘all you can eat’ pricing structure
Itarle to open New York office, co-locate at CME
Swiss best execution and TCA provider set to open NY office and co-locate with CME
Citi revamps algos to improve sweep impact predictions
Bank works to make some aggressive strategies more intelligent when handling liquidity and filling orders
Tradepoint’s ‘all-you-can-eat’ pricing model challenges FX algo market
Fixed-fee for unlimited usage lets clients design algos or pick from existing ones that mimic established offerings
TraderTools to allow banks to white-label forwards and swaps
Firm gears up to give regional banks an algo suite in coming weeks to help market-making abilities
How tech will transform FX next: what the industry thinks
Market participants identify which sectors they see as ripe for disruption by transformational tech such as AI
JP Morgan rolls out algo workflow tool on Bloomberg App Portal
The integration should make the bank’s Algo Central software and FX trading services more accessible
Goldman Sachs goes live with smart NDF algo
Initial trades have already taken place with the algo, which draws on internal and external liquidity
Barracuda FX: technology spend will drive innovation in FX
A lot of technology spend in 2019 will focus on upgrading outdated processes, increasingly driven by the FX Global Code’s principles
Pragma Securities: algorithmic trading ripe for growth
Pragma is building a new generation of algo that incorporates the latest artificial intelligence
Northern Trust: tailoring algos to suit client needs
Interest in algorithms is growing across the FX industry
State Street’s Bond: BestX audit will guarantee independence
TCA provider BestX will retain independence and be subject to annual audits focused on data
BestX clients seek independence reassurance
Clients and LPs want clarity around the deal between State Street and BestX to gain confidence about the provider’s continued independence