Credit Suisse signs up more algo clients

Jonathan Wykes, head of sales for AES (automated execution services) FX in Europe at Credit Suisse, said the bank has signed on hedge funds, asset managers and large Tier II regional banks. These clients are based across Europe and the Middle East - where interest is coming from sovereign wealth managers and banks.

"We see interest in a variety of strategies, from the simple reserve strategies to our most popular strategy, float guerrilla," said Wykes.

The reserve strategy drips orders into the

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