Algo Types Before we investigate the benefits and pitfalls of using algos, a brief overview of the range of algos now available for FX should be helpful. Although there are now well in excess of 100 different FX algos available on the main multidealer platforms, this universe can be simplified into a number of broad categories as illustrated in the diagram overleaf. There are, however, different dimensions to how an algo should be characterised, for example: • Algo style • Algo Types Before we investigate the benefits and pitfalls of using algos, a brief overview of the range of algos now available for FX should be helpful. Although there are now well in excess of 100 different FX algos available on the main multidealer platforms, this universe can be simplified into a number of broad categories as illustrated in the diagram overleaf. There are, however, different dimensions to how an algo should be characterised, for example: • Algo style •
Algo Types Before we investigate the benefits and pitfalls of using algos, a brief overview of the range of algos now available for FX should be helpful. Although there are now well in excess of 100 different FX algos available on the main multidealer platforms, this universe can be simplified into a number of broad categories as illustrated in the diagram overleaf. There are, however, different dimensions to how an algo should be characterised, for example: • Algo style •
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