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.
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.
Capitolis launched its novation platform last year in partnership with major firms including Citi, HSBC, Brevan Howard and BlueCrest.
JP Morgan’s third annual e-trading survey reveals that FX traders are most concerned about liquidity in the year ahead.