Algorithms
Time trials: how fast can you trade FX?
XTX calculations reveal how long different pairs take to trade throughout the day
Deep XVAs and the promise of super-fast pricing
Intelligent robots can value complex derivatives such as exotic options in minutes rather than hours
Inside Wells Fargo’s bid to take on big FX players
The third-largest US bank by assets plans to use large corporate flows to lure institutional clients
BNP and Deutsche add new Brazil NDF algos
The banks add USD/BRL to their respective suites, with tenors tied to the onshore futures expiries
Shining a light on FX algo disclosures
FX Markets' new algo database will enable readers to compare offerings from the major providers
Algos on parade: how top FX algo providers stack up
New FX Markets algo database shows differences across internalisation, analytics and client data handling
Passive algos and patient traders
Are all passive fills worth having? XTX’s Matt Clarke says not
Invesco bets on new tech to refine its FX trading
Home-grown tool will improve order routing and execution strategies, asset manager believes
GFXC launches public consultation on code review
Comment sought on proposed guidance setting out new disclosure expectations
Price limits in FX algos: fill your boots
Do limits affect performance? Double machine learning helps answer the question, says BestX quant
Could private match-making sink public market?
Rise in internal hedging sparks debate over its threat to price discovery
Is FX catching up with Silicon Valley?
The industry is taking a leaf out of the Silicon Valley playbook to leverage automation, AI and big data, write BNP Paribas execs
First P2P trade completed on Siege FX
Dark pool aims to match algo orders among its 30 buy-side clients
Banks boot up next-gen hedging bots
Automated FX hedging can save money and time, proponents argue. But corporates have qualms
Growing internalisation could threaten price discovery, say LPs
Dealers might have to deliberately hedge on venues to bolster data, says Credit Suisse’s Estrada
Banks nervy over GFXC plan for algo cover sheets
Disclosing inner workings of algorithms could result in loss of intellectual property, banks warn
A peek inside GFXC’s algo cover sheets
Order priority and segregation policy among the items under discussion
Guy Debelle on the FX Global Code and the rise of the buy side
Code’s creators considering updates to sections on last look and pre-hedging
Algo users seek apples-to-apples info
BIS study raised concerns; standards now a work in progress at GFXC
GFXC eyes standardised disclosure cover sheets
New docs planned to allow easier comparisons of algos and LP dealing terms
Machine learning will create new sales-bots – UBS’s Nuti
Technologists working to automate indications of interest from trading desks
Asia’s FX markets step to the algorithm
Buy-side use of automated trading programs builds, albeit from a low base
Benchmark rigging scandal: a remake in the making
Regulators should act now to prevent any repeat of the fixing scandal of 2013
How low can you go: falling cost of FX fix sparks concern
Algorithms are reducing fixing fees, but some dealers are willing to go even lower – perhaps dangerously so