Algo innovation not a straightforward path as traders want to retain control
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.
Tag: algo trading
Foreign Exchange
BNP Paribas gives FX algos a voice with launch of ‘ALiX’ digital trading assistant
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.
Buy side
Hedge funds doubling down on algos
The 2019 algorithmic trading survey finds that brokers are stepping up to the plate in the post-MIFID II landscape to provide consistent execution to hedge fund firms that are more knowledgeable and discerning than ever before.
The TRADE Magazine, Summer 2019
John runs through what you can find in the latest issue of The TRADE, now available to read online.
Buy side
Brokers leading the next generation of algorithmic trading
The TRADE’s 2019 Algorithmic Trading Survey finds brokers are stepping up to the plate in the post-MiFID II landscape as banks struggle to keep pace.
Credit Suisse launches algo trading platform in China
Joint venture Credit Suisse Founder Securities will provide access to the bank’s Advanced Execution Services algo trading suite.
JP Morgan launches FX algo execution service on Bloomberg App portal
Algo Central is the first institutional FX algo execution services application offered by a global bank on the Bloomberg App Portal.
APAC forges ahead in algo trading with rising levels of improvement
The TRADE’s 2018 APAC Algorithmic Trading Survey shows the recent trend of improving performance shows no signs of slowing down.
Sell side
Targeting talent: The industry’s new battleground
Attracting and retaining the brightest talent available has become the new battleground for investment banks as new compliance obligations and technology developments create warring factions desperate to secure the best personnel possible. Hayley McDowell tells the story behind this method of attack and finds out that a talent shortage could be just on the horizon for major players.
TCA data on FX algo performance winning over the buy-side
TradeTech FX Europe panellists discussed the increasing adoption of algorithms in FX markets, although uptake has been slow.