Northern Trust launches FX algo suite
The bank aims to deliver greater transparency and flexibility to clients
Northern Trust is rolling out a suite of foreign exchange client execution algorithms that will enable clients to manage their FX exposure with an enhanced level of control and transparency.
The FX algo suite will give clients greater flexibility in how their orders are placed and allow them to access highly competitive pricing, the bank says.
Key to the development of the algo suite is a new liquidity panel, which Northern Trust has built by aggregating pricing from more than 15 sources –
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