Traders see scarce FICC liquidity as biggest daily challenge in 2020
The latest e-trading survey from JP Morgan reveals that liquidity availability is considered the most challenging daily issue for traders this year.
Tag: FX
Northern Trust expands global FX sales team with two US hires
David Byne and William Hartlett join the sales team for the global foreign exchange solutions business at Northern Trust for North America.
Nomura taps Pico for new FX and rates trading platform
Pico to develop, host and manage new platform for Nomura's global FX and rates trading businesses.
FX industry urged to better understand flash crashes
Panelists at Sibos in London agreed that flash crashes are more common in markets today, but the industry still lacks understanding.
London retains top share of $6.6 trillion global currency markets amid US decline
Global currency markets reach $6.6 trillion as share in the UK increases, but turnover in the US declines, according to BIS triennial FX survey.
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.
Buy-side bursts bubble on artificial intelligence hype
Panel of buy-side practitioners at this year’s TradeTech FX Europe conference dispel the myths of prevalent use of AI but emphasise work around bringing data up to scratch.
FX automation a gradual refinement of processes; now making headway into execution
Panelists at TradeTech FX Europe extol virtues of automation for FX trading and how trading processes will have to adapt to keep up.
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.
Stefanie Holtze-Jen: Diversity and the data opportunity
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.