FX algo adoption among the buyside has never been higher, with recent findings from a Finance Hive Global Pulse survey indicating that some 92% of firms now say they use algos for at least some of their trades.
One of the central themes in the BIS report on FX execution algorithms (EAs) and market functioning was the notion of an ‘execution trilemma’, a concept created to help FX algo users better understand that every execution strategy entails a trade-off.
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.
Around seven years ago, when FXAlgoNews was first published, there were only a handful of leading FX algo providers in the market and the growth in demand for strategies and related tools was only starting to…
The use of FX execution algos to increase transparency was one of the original drivers behind early algo adoption. Yet since the release last year of the updated FX Global Code, the importance of …
Since the surge in FX algo use during the early days of the pandemic, the increased appetite for FX algo execution has continued seemingly unabated.
After five years of relatively flat growth, FX algo adoption is officially on the rise.
Algo adoption rates may have slowed recently but they continue to grow among the buy-side. Nicholas Pratt examines the reasons for the take-up and what may help to further increase buy-side algo use in the future.
How well did FX algos perform in these choppy markets and are client perceptions of algo use now changed forever? Nicola Tavendale investigates.
Among the most interesting findings from the recent BIS report into FX execution algorithms and market functioning was that it was able to take stock of the performance of algos during the market volatility seen in March.
