As studies increasingly demonstrate that increased diversity leads to increased productivity – and thus value – key players across the industry are taking heed.
Heads of FX trading from some of the largest asset managers discuss the optimum setup between in-house capabilities for a hybrid set-up touching on automation, service providers, streamlining workflows, interoperability and the industry’s relationship with technology.
Despite continual enhancements, vendors cater for ‘most’ needs, not ‘specific’ needs explains one panellist, highlighting the significance of differences in clients’ execution flavours.
As the market develops and conversations between both sides ramp up, vendors are now having a greater say in the makeup of their liquidity pools, said one panellist.
The magazine features exclusive buy-side interviews, insights, and the official accompanying event agenda for this week’s proceedings in Miami.
Market participants agree that trust is a key aspect for firms looking to work with technology providers on their execution processes.
Speakers from Fidelity Investments and Manulife Asset Management offered opposing views on the role of pre-trade analytics in FX trading at TradeTech FX USA.
Speakers at TradeTech FX USA told delegates that traders would be empowered if ‘in-flight’ TCA could flag when trades aren’t going as planned.
Buy-side panellists highlight importance of working with forward-looking technology vendors and warn those that do not take a pro-active approach.
Intelligent use and provision of data sets to buy-side clients will be a defining factor for FX trading venues going forward according to TradeTech FX USA panel.