Algorithmic Trading
SEB rolls out algos on BBG and FXall
Swedish dealer develops algo strategies in-house and gives clients access to internal liquidity pool
360T expands algo suite for corporates
The platform offers 60 strategies from 13 banks, with four more dealers to come online before the year-end
Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
Allston Trading picks Corvil for analytics
The electronic market-maker seeks to optimise its systems and infrastructure for better execution outcomes
Algo supervision is paramount, says Rahmouni-Rousseau
Banque de France’s director of markets notes the rise of algorithm usage carries a high level of responsibility
HC Tech: it’s time to speak up
Recent industry survey shows HC Tech is biggest liquidity provider in US by market share
Pragma commits to FX Global Code
The vendor says it wholeheartedly supports the aims of the 55 principles
Algos to blame for 2015 Swiss volatility
Bank of England staff paper analyses Swiss franc event of January 2015 and concludes algorithms were consumers of liquidity overall
Market participants call for more TCA disclosures
The cost of TCA is negotiable, but the billing method should be disclosed, says one market participant
Flow Traders aims to become a leading FX liquidity provider
The Dutch market-maker has partnered MarketFactory to make a push into the currencies space
Salmon warns of algo risks
BoE's Chris Salmon cautions against lack of transparency brought in by automated high-frequency trading
Northern Trust: algos give power to clients
The release of an FX algorithm suite in June ushered in a new era for the custody giant
Cartledge: Direct is moving to single-ticket execution
“We don’t know if the order is for the full amount or not, so we don’t want to call it full-amount trading," says Cartledge
XTX moves to zero hold times
The liquidity provider eliminates discretionary latency buffers in the last look window when trading with direct counterparties on a disclosed basis
FX e-trading near saturation, says Greenwich
But the next stage in the success story is due, the financial consultancy says
Pragma launches triangulation algo for crosses
New functionality will enable clients to achieve better execution when trading illiquid currency pairs
Algo trading increasingly attractive to corporates, says Greenwich report
While the number of corporates using algos slightly increased in 2016, a significant boost in usage came from earlier adopters
Northern Trust launches FX algo suite
The bank aims to deliver greater transparency and flexibility to clients
Greater adoption of TCA in FX expected – Greenwich Associates
Survey shows increasing use of algos and electronic venues will spur the development of transaction cost analysis
Technancial and Ullink offer solution for clearing brokers
The newly launched product helps to monitor the trading activity of high-frequency trading firms using SDMA in near real-time
US traders most likely to boost algo usage and EM participation
Globally, 38% of 200 FX traders surveyed by JP Morgan plan to extend their use of algorithms
Comment period prolonged for algo rule proposal
CFTC recognises "the number of questions within" its Regulation Automated Trading suggestion
FastMatch tweaks fees to discourage use of last look
Platform continues push to eliminate last look trading and plans to introduce a dark pool where clients can exchange inventory
Algo execution and TCA will drive market structure change
Pragma Securities chief Mechner expects best execution requirements to boost the adoption of algorithmic trading