Algorithmic Trading
Best Banks Awards: Citi wins nine awards, including top prize
Citi voted Best Bank Overall and gains eight other accolades
Non-bank market-makers look to build customer franchises
Alternative market-makers aim to fill liquidity space left by reduced bank capital and move to connect with customers directly
X Markets Trading will be synonymous with quality, says CEO
The flow-handling and technology company comes up with solutions to meet the risk-warehousing and technology needs of banks
Best algorithmic trading technology provider: Morgan Stanley
US bank's QSI unit triumphs in heavily contested space with focus on analytics
GSA split amicable, Gerko says
GSA's head of FX trading says his spin-off from the hedge fund was planned for months, with the support of GSA
Electronification of Asian FX only just beginning
Jay Hibbin, VP of capital markets services at Colt, says Asia offers opportunities for latency sensitive traders
Instantaneous hedging is not market-making, says GSA
Rise of hot potato trading is direct result of instant hedging from market-makers, says GSA Capital
Raiffeisen Polbank selects TradAir FX rate engine
Raiffeisen Polbank goes live with rate engine and market-making distribution network
Pragma to roll out FX algos in Q4
Trading technology vendor is preparing to diversify into foreign exchange with an algo execution product that it believes will add value over bank offerings
Barclays to add algo tools to Gator aggregator
Barclays will add new, less aggressive algos to Gator in the fourth quarter as it looks to make the product more accessible to real-money and corporate clients that prefer to trade with minimal market impact
Best algorithmic trading technology provider: BNP Paribas
BNP Paribas successfully breaks into the increasingly competitive market for algorithmic execution in foreign exchange
Banks beef up quant solutions for FX in response to buy-side demand
Morgan Stanley and Commerzbank are investing in quantitative offerings as a part of their FX strategy, but other banks are pulling back from the business
Barclays launches client aggregator in response to fragmentation
Gator smart order routing tool has been tested internally by Barclays spot traders for more than a year, and is now being rolled out to clients
High-frequency trading: managing the nuclear power supply
New York-based AienTech likens HFT to nuclear power that can be used for both positive and negative purposes, and chief executive Ugur Arslan is preparing to distribute his technology to the broader market in 2013
UBS readies regulation-focused FX algos
The Swiss bank will launch its first algorithmic FX trading tools early next year with smart order routing to help clients navigate regulatory change
Spotlight on: Rob Maher, Credit Suisse
Credit Suisse’s global head of fixed-income electronic sales talks to Joel Clark about the changes the Swiss bank has been making to its e-FX business with the development of a new single-dealer portal and the integration of its algorithmic and…
FXall enables users to access bank algorithms
New functionality allows clients to route algorithmic and limit order requests to selected banks
BNP Paribas rolls out FX algos
Cortex iX algorithmic execution suite will officially launch this week, aiming to provide better anonymity than existing FX algos
Algo execution sales head departs Credit Suisse
Jonathan Wykes, formerly global head of FX sales for Credit Suisse’s algorithmic execution business, has left the bank
Algos must be prepared for risk events, experts warn
Safeguards are needed for algorithmic execution tools to navigate risk events such as platform outages
FX Week Europe: Algos prove their worth in volatile markets, say banks
By locating the best sources of liquidity and benchmarking execution to the rest of the market, algorithmic strategies add value in difficult markets, according to pioneers at Credit Suisse and Citi
FX Week Europe: TCA key to effective algo execution, says Shell
Paul Downie, Shell's head of liquidity and FX, explains how thorough analysis of all available execution data has been key to the firm's trialling of FX algo tools over the past year
Dow Jones pitches news-based algo trading to FX traders
News providers including Dow Jones and Thomson Reuters report widespread interest in news feeds that scan keywords in news stories to forge trading strategies, but some remain sceptical about whether they can genuinely add value for traders. Farah…