Wai Kin Chan, formerly head of distribution for APAC at XTX Markets, will lead sales and oversee the BidFX business in Asia.
FX algo trading continues to increase as FXall reports surge in activity amid new functionality.
Buy-side traders still want to be able to stop algos and take control for themselves in-flight, but data challenges remain for those seeking a low-touch route.
Panel of major banks at TradeTech FX agree the sell-side have changed the mentality around new product development, as the buy-side seeks increased automation and integration.
Panelists at TradeTech FX Europe extol virtues of automation for FX trading and how trading processes will have to adapt to keep up.
BNP Paribas takes a leaf out of Silicon Valley’s book with a Siri-style digital trading assistant, which is launching alongside real-time market analytics and interactive algorithms as part of major upgrade to the bank’s Cortex FX trading platform.
Stefanie Holtze-Jen, chief currency strategist at DWS Group, talks to The TRADE about the need for greater diversity in FX and how this will help further the revolution in data analytics.
Andy Maack, global head of FX trading at Vanguard, talks to The TRADE about how the buy-side is increasingly embracing new tools and technologies in order to navigate rapidly changing market conditions.
Tradefeedr, founded by former hedge fund managers, has launched its data analytics platform with Goldman Sachs, UBS and XTX Markets.
JP Morgan and NatWest will provide access to Spotex’s institutional FX electronic communication network.