Nicola Tavendale

What lies in the road ahead for FX algo trading in 2024?

December 2023 in Industry Views

One constant in any market is change. Looking back over the past year’s headlines in FXAlgoNews and it is easy to see that the evolution of the algo industry has continued apace. The market is more mature and clients are increasingly adopting algo use for a wider range of order types. Meanwhile across the wider FX industry, the impact of changes to volatility, liquidity access and the arrival of new venues and technologies is also being felt. Some of world’s largest banks are spearheading a great deal of the current innovation that is taking place in e-FX so what developments do they expect to see with algorithmic FX trading in 2024? Nicola Tavendale investigates.

Following three years of gathering insights from an annual Global Client Fixed Income Market Structure Survey, Barclays conducted a similar exercise with its FX clients for the first time this year. The results provide a telling insight into the key areas of focus for clients, particularly so for the FX algo business. One of the most significant findings were the number of clients who were planning to look more closely at FX market liquidity and how to access it, says Following three years of gathering insights from an annual Global Client Fixed Income Market Structure Survey, Barclays conducted a similar exercise with its FX clients for the first time this year. The results provide a telling insight into the key areas of focus for clients, particularly so for the FX algo business. One of the most significant findings were the number of clients who were planning to look more closely at FX market liquidity and how to access it, says

Following three years of gathering insights from an annual Global Client Fixed Income Market Structure Survey, Barclays conducted a similar exercise with its FX clients for the first time this year. The results provide a telling insight into the key areas of focus for clients, particularly so for the FX algo business. One of the most significant findings were the number of clients who were planning to look more closely at FX market liquidity and how to access it, says

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