What role can FX algorithms play in helping to manage fixing orders?

By Paul Aston, Head of Quantitative and Algorithmic Solutions at TD Securities When seeking liquidity around the WM/Reuters 4PM London Fix, currency algorithms can help. Investors can take better control of their trading, reduce costs, obtain market transparency and ensure best execution. But in order to best utilize algorithms around the WM Fix, investors need to fully understand the mechanics of the WM Fix calculation methodology and how a particular algorithm works to achieve specific goals. There are certainly new By Paul Aston, Head of Quantitative and Algorithmic Solutions at TD Securities When seeking liquidity around the WM/Reuters 4PM London Fix, currency algorithms can help. Investors can take better control of their trading, reduce costs, obtain market transparency and ensure best execution. But in order to best utilize algorithms around the WM Fix, investors need to fully understand the mechanics of the WM Fix calculation methodology and how a particular algorithm works to achieve specific goals. There are certainly new

By Paul Aston, Head of Quantitative and Algorithmic Solutions at TD Securities When seeking liquidity around the WM/Reuters 4PM London Fix, currency algorithms can help. Investors can take better control of their trading, reduce costs, obtain market transparency and ensure best execution. But in order to best utilize algorithms around the WM Fix, investors need to fully understand the mechanics of the WM Fix calculation methodology and how a particular algorithm works to achieve specific goals. There are certainly new