Nicola Tavendale

Breaking down barriers Improving the FX algo client trading experience

June 2023 in Industry Views

In a recent study conducted by Coalition Greenwich, more than 40% of FX traders revealed they had used algos during the course of last year, while nearly the same share say they expect their use of FX algos to increase. As the market continues to grow apace and clients become increasingly comfortable using FX algos, what should algo providers be doing to further improve the client experience and ensure that algo offerings continue to meet their evolving needs? Nicola Tavendale investigates.

As has been well documented, the Covid crisis served to highlight the stability and effectiveness of algos to traders and opened up demand from a number of non-traditional algo users. Vivek Sarohia, Global Head of Alternative Execution Services at HSBC, says that the success of these products has also meant the need for a deeper understanding, and ultimately an increase in sophistication, from clients around the full life cycle of an algo. “Clients are no longer just placing their algos As has been well documented, the Covid crisis served to highlight the stability and effectiveness of algos to traders and opened up demand from a number of non-traditional algo users. Vivek Sarohia, Global Head of Alternative Execution Services at HSBC, says that the success of these products has also meant the need for a deeper understanding, and ultimately an increase in sophistication, from clients around the full life cycle of an algo. “Clients are no longer just placing their algos

As has been well documented, the Covid crisis served to highlight the stability and effectiveness of algos to traders and opened up demand from a number of non-traditional algo users. Vivek Sarohia, Global Head of Alternative Execution Services at HSBC, says that the success of these products has also meant the need for a deeper understanding, and ultimately an increase in sophistication, from clients around the full life cycle of an algo. “Clients are no longer just placing their algos

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