The transparency provided by algos remains a matter of debate, in Schümperli’s view, but he does recognise the reasons behind the growth in FX algo use. One of them being that most banks risk appetite to carry large FX positions is diminishing and hence customers need to find alternative channels to unwind their large positions. “FX algos are suitable for buy-side customers who want to hide, mostly larger amounts, in the market by using an appropriate strategy from their preferred The transparency provided by algos remains a matter of debate, in Schümperli’s view, but he does recognise the reasons behind the growth in FX algo use. One of them being that most banks risk appetite to carry large FX positions is diminishing and hence customers need to find alternative channels to unwind their large positions. “FX algos are suitable for buy-side customers who want to hide, mostly larger amounts, in the market by using an appropriate strategy from their preferred
The transparency provided by algos remains a matter of debate, in Schümperli’s view, but he does recognise the reasons behind the growth in FX algo use. One of them being that most banks risk appetite to carry large FX positions is diminishing and hence customers need to find alternative channels to unwind their large positions. “FX algos are suitable for buy-side customers who want to hide, mostly larger amounts, in the market by using an appropriate strategy from their preferred
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