Industry buzz around machine learning and AI must be set aside in favour of transparency and interpretability according to TradeTech FX speakers.
Tag: Foreign exchange
Speakers at this year’s TradeTech FX conference in Barcelona pour cold water on order routing automation.
Buy-side priorities have been historically dominated by regulatory concerns, but a survey of senior FX buy-siders carried out by Worldwide Business Research suggests that automation is now taking over. Hayley McDowell examines the benefits, challenges and progress as asset managers look to reduce the human touch on trading desks.
Average daily FX turnover in the UK hits new highs in April according to data from the Bank of England.
The battle with legacy technology systems is ongoing concern for many banking institutions, but arguably no more so than foreign exchange. With an explosion of market data and increasing market fragmentation, technology strategies at large FX institutions have never been more important for staying ahead of the game.
BT Radianz FX express tool links up FX datacentres in the UK, US, Singapore, Japan and Hong Kong.
Jeff Leal joins BNY Mellon Markets to head up eFX business.
FX trader created chat room to facilitate benchmark manipulation with traders at competitor banks.
Bats to acquire SEF firm Javelin to be integrated into its Hotspot FX business.