Barclays’ reinvestment will see the launch of new SOR and algo platforms, with a recent SOR upgrade producing a 10% increase in hit rates.
BestX adds another major investment banking client as Societe Generale signs up for its FX TCA.
TORA has launched an artificial intelligence-powered algo wheel enabling buy-siders to assess, monitor and justify algorithm and broker choices to regulators.
The sheer number of different algorithms in circulation makes selection, performance measurement, and broker feedback difficult. So how are the buy-side opting the right algos? Asks Sarfraz Thind.
Tool intended to help firms meet MiFID II algo requirements.