With so many algo strategies available across providers, what should buy-side firms be thinking about when matching a strategy to a particular order?
Early adoption of FX algos focused on basic access. For example can the provider offer TWAP, VWAP and liquidity-seeking strategies? The question has shifted to can the provider show that these algos improve outcomes? How have providers responded to that? At NatWest Markets, we are placing a strong emphasis on demonstrating measurable improvements in execution […]
Many buy-side firms are considering migrating from risk-transfer to algo-based execution, with the promise of cost efficiencies, deeper transparency, and greater control.
In today’s fast-paced financial markets, institutional investors such as asset managers, hedge funds, and other large firms have increasingly turned to algorithmic trading for precision and efficiency in execution.
Increasing buy-side sophistication in electronic trading practices continues to fuel the demand for greater transparency from FX Algos. Much of what was once accepted as a “black box” is now expected to be disclosed. Alongside this evolution of client knowledge, FX Algos are becoming increasingly complex – the need for clear communication and understanding between […]
Users of FX Execution Algos are becoming increasingly interested in their providers’ internalisation rates, as the buy-side seeks to optimise performance and differentiate between available offerings. It is crucial to understand the details behind headline internalisation rates to ensure best outcomes.
Our previous article in this publication on the intricacies of FX algo trading instigated some engaging discussion and feedback – thank you to all involved. Two themes seemed to resonate with readers: the strategic considerations of Execution Scheduling algos such as Time-Weighted Average Price (TWAP), and what differentiates algo providers. In response, this piece delves deeper into those topics.
In foreign exchange (FX) markets, participants are continuously seeking ways to enhance efficiency, reduce costs, and optimize their trading strategies. In particular, participants are looking to…
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 highlighted …
Buy-side algo usage in FX has steadily risen over the past decade. Algos were once the domain of only the most sophisticated market participants with enough resources to devote to development and research.
