As part of the new hosted algorithmic execution service, Cboe FX participants will have access to XTX Markets’ Execution Algo via its electronic communication network (ECN).
eRisk Analytics portal within HSBC’s single dealer platform Evolve will provide traders with key metrics to monitor FX algo performance.
The pilot within CLSSettlement addresses various public policy initiatives to encourage PvP adoption.
Fidelity Investments’ head of FX technology has said getting applications to interact and collaborate with one another remains a key pain point for the buy-side.
The new platform will allow quicker execution, access to greater liquidity and increased price discovery across G10 currencies and emerging markets currencies.
Schroders’ Gordon Noonan said he would need to be sure who was operating in that liquidity pool before he committed to peer-to-peer.
Speaking at this year’s TradeTech FX event, Aegon Asset Management’s Kirstie MacGillivray said the level of data needed to maintain oversight of a counterparty had risen significantly.
PrimeXM will distribute Tradefeedr’s data and analytics solutions via its XCore technology stack.
Newly promoted co-heads of local markets trading have been with Citi for nearly 60 years collectively, The TRADE can reveal.
New analytics will calculate the impact of trades rejected in last look practices to help traders better understand spreads and the type of flow sent to liquidity providers.