Peter Ward, global head of futures and options electronic execution at JP Morgan, tells Hayley McDowell that buy-side adoption of its reinforcement learning FICC futures algorithms has surged in recent years, accelerated by the market volatility in 2020.
New futures algo platform at Citi includes TWAP, VWAP, Close algos and smart order types, as well as the flagship Arrival implementation shortfall strategy.
Buy-side respondents have until 26 February to rate algo providers, with high performers due to be recognised as part of Leaders in Trading in late 2021.
Following extreme market conditions at the height of the COVID-19 crisis, David Whitehouse explores how algorithmic trading performed in comparison to other market-moving events, and find the human touch remains critical.
A new report produced in partnership with Aite Group analysed historic data, spanning over the past decade from The TRADE’s Algorithmic Trading Surveys.
As algorithmic trading in the FICC markets increases, the FMSB has released a statement of good practice as a transparency draft for market consultation.
Report from FMSB emphasises limitations and challenges in adopting algorithmic trading in less liquid markets.
Known as Striker, the algorithm will initially support execution of options in CME treasury futures.
ITG and AQR Capital veteran, Hitesh Mittal, looks to reduce transaction costs of ‘stale’ broker algorithms with new algo trading and TCA platform.
Investment management firms have been warned by the FCA that further adoption of technologies to facilitate trading presents various risks.