Transaction cost analysis (TCA)
A peek inside GFXC’s algo cover sheets
Order priority and segregation policy among the items under discussion
How Shell integrated FX algos into its corporate treasury mix
Interview: oil giant puts up to 50% of spot flows through algos, explains FX head Michael Dawson
Buy-side firms reject EMS brokerage charges
Some users favour licence fee over per-trade charging – and have forced vendors to switch
Volatile FX markets reveal pitfalls of RFQ
Clients urged to mask trading intent; critics warn of subtle sell-side advantages
Algos: choosing the right horse for the right course
Liquidity and volatility regimes play big role in performance, BestX quants show
Vanguard takes the P2P plunge
Interview: Andy Maack seeks to lower costs and dealer dependence via buy-side matching
Execution data: are month-end moves still predictable?
Trading ahead of month-end index hedging has been a reliable strategy – until recently, writes Alexei Jiltsov of Tradefeedr
FX aggregators flirt with scrutiny over brokerage charges
Making dealers pay for trades raises ‘payment for order flow’ questions
Rise of the algo wheel
How the buy side is embracing algorithm wheels and where challenges still remain
Citadel Securities: more TCA in 2020 to expose liquidity recycling
TCA should show difference between providers who hold risk and recyclers of liquidity, says market-maker
Refinitiv: innovation in 2020 will be evolutionary, not revolutionary
Firms will focus on ongoing projects before embarking on market-changing initiatives
Bad clocks block FX best-ex
To get a good deal in fast-moving FX markets, buy-side firms need to know the time. Some of them don’t
BoE’s Hauser urges firms to adapt to FX market fragmentation
Less sophisticated firms are paying much higher spreads, executive director says
Six big FX market-makers call for end to last look
Citadel Securities, Jump and Virtu among those repudiating controversial practice
Most innovative bank e-FX trading platform/Bank algo trading tech provider of the year: BNP Paribas
BNP Paribas voted Most innovative bank e-FX trading platform/Bank algorithmic trading technology provider
Stable relationships still vital in FX, say asset managers
Accessing liquidity when needed is more important than price, according to buy side
Itarle to open New York office, co-locate at CME
Swiss best execution and TCA provider set to open NY office and co-locate with CME
New Change FX to supply independent rate to Jyske Bank
Danish bank will use provider’s independent FX data for better analytics
Virtu completes $1bn ITG acquisition
Firm will supplement its current management with existing ITG leadership globally
FastMatch’s FX Tape available via QuantHouse’s API
The move extends the FX consolidated tape’s reach to a wider audience
FX Connect platform gets a significant upgrade
State Street's revamps for interface and order tools lead in 2019 product overhaul
Refinitiv’s FXall TCA tool goes live
New features will be added to analysis tool at regular intervals in 2019
Virtu Financial to acquire ITG for $1bn
Cash deal comes little over a month since reports of potential merger
State Street’s Bond: BestX audit will guarantee independence
TCA provider BestX will retain independence and be subject to annual audits focused on data