Market participants agree that trust is a key aspect for firms looking to work with technology providers on their execution processes.
Speakers from Fidelity Investments and Manulife Asset Management offered opposing views on the role of pre-trade analytics in FX trading at TradeTech FX USA.
Speakers at TradeTech FX USA told delegates that traders would be empowered if ‘in-flight’ TCA could flag when trades aren’t going as planned.
Buy-side panellists highlight importance of working with forward-looking technology vendors and warn those that do not take a pro-active approach.
Intelligent use and provision of data sets to buy-side clients will be a defining factor for FX trading venues going forward according to TradeTech FX USA panel.
ICE establishes new fixed income trading business which combines its three platforms TMC Bonds, BondPoint and ICE Credit Trade.
Panelists at TradeTech FX USA agreed that the buy-side has a better grasp on how algos operate, but less so about the underlying liquidity.
Buy-side heads of FX trading at Vanguard and First Quadrant also highlighted the useful role of TCA data for pre- and post-trade.
Algo Central is the first institutional FX algo execution services application offered by a global bank on the Bloomberg App Portal.
Citi was the first US bank to offer client swap clearing through Eurex, and eight funds have joined Citi to use the service.