Nicola Tavendale

Algorithmic FX – Giving corporate treasurers the necessary tools to master the trading process

June 2023 in Buyside Perspectives

Use of FX algorithms among the general corporate treasury community may still be in its relative nascency, yet their use among very large corporates continues to grow. But with more firms seeking ways to optimise their FX trading performance, can execution algos really becoming an indispensable tool across the board for this important buyside sector? Nicola Tavendale investigates.

Essentially, the reason why FX algo trading has grown in popularity is because they deliver an execution strategy akin to a slight improvement on the average price over the time of the order. That’s according to one UK-based corporate treasurer, who relayed their views to Michelle Price, associate policy and technical director at the Association of Corporate Treasurers. “In this way, they are similar to how VWAP algos are deployed in the equity market,” the treasurer added. “Intuitively beating an Essentially, the reason why FX algo trading has grown in popularity is because they deliver an execution strategy akin to a slight improvement on the average price over the time of the order. That’s according to one UK-based corporate treasurer, who relayed their views to Michelle Price, associate policy and technical director at the Association of Corporate Treasurers. “In this way, they are similar to how VWAP algos are deployed in the equity market,” the treasurer added. “Intuitively beating an

Essentially, the reason why FX algo trading has grown in popularity is because they deliver an execution strategy akin to a slight improvement on the average price over the time of the order. That’s according to one UK-based corporate treasurer, who relayed their views to Michelle Price, associate policy and technical director at the Association of Corporate Treasurers. “In this way, they are similar to how VWAP algos are deployed in the equity market,” the treasurer added. “Intuitively beating an

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