Measuring FX algo performance: Gathering some important views from the buyside

Views from the buyside Algorithms are more popular than ever in FX. That statement isn’t a surprise to market participants, especially on the buy side. The Bank of International Settlements December 2022 Quarterly review highlighted growing market participants’ use of algorithms to navigate the fragmented FX markets. While slicing orders and distributing them across diverse venues is now common, less attention is paid to algo performance measurement. While algo usage is high, stakeholders are still grappling with the challenges of Views from the buyside Algorithms are more popular than ever in FX. That statement isn’t a surprise to market participants, especially on the buy side. The Bank of International Settlements December 2022 Quarterly review highlighted growing market participants’ use of algorithms to navigate the fragmented FX markets. While slicing orders and distributing them across diverse venues is now common, less attention is paid to algo performance measurement. While algo usage is high, stakeholders are still grappling with the challenges of

Views from the buyside Algorithms are more popular than ever in FX. That statement isn’t a surprise to market participants, especially on the buy side. The Bank of International Settlements December 2022 Quarterly review highlighted growing market participants’ use of algorithms to navigate the fragmented FX markets. While slicing orders and distributing them across diverse venues is now common, less attention is paid to algo performance measurement. While algo usage is high, stakeholders are still grappling with the challenges of