With the introduction of MiFID II, best execution has become a necessity in all asset classes including FX. TCA can help us to determine the cost of our trading, and in particular ways of reducing it. However, what is the best way to do transaction cost analysis?
The Crédit Agricole Group is the world’s number 13 bank measured by Tier One Capital and, as the No. 1 retail bank in France, is the leading financial partner of the French economy. CACIB is therefore uniquely placed in the market, having strong connections into local markets across Europe and emerging markets globally.
Quod Financial recently published a Whitepaper exploring the growing interest in AI and Machine Learning for use in trading and execution purposes across the Capital Markets. One specific area that was examined focused on the reasons why the Execution Management System was a particularly good candidate for deploying AI and ML. In this article we publish an extract from the Whitepaper looking at the potential applications of these new technologies for optimising algo trading parameters in the EMS space.
Oxford university’s Saïd business school is launching a course in algorithmic trading, The Oxford Algorithmic Trading Programme is delivered in collaboration with GetSmarter and is led by a powerful team of global experts who share their knowledge in the form of industry insights, videos and discussions.
Dr Alex Krishtop, tells us more about The Certified Algorithmic Trader® (CAT®) program.
He can be reached at doctor@atassn.com
The use of execution algorithms in the currency markets has increased significantly over recent years and it would appear that this trend is set to continue for the foreseeable future. In this article Pete Eggleston, Co-Founder of BestX Ltd explores the potential benefits and pitfalls of using algorithms within an execution process.
Germany is an economic juggernaut, with a huge stable of exporting heavyweights, some of the world’s biggest banks and a corporate tradition of technological sophistication. So it stands to reason that Germany’s buy-side would be among the more enthusiastic clientele when it comes to using algorithms for forex execution.
Anna Reitman looks at why trading firms and investors should look to deploy FX algorithms as a means to make their FX execution more efficient.
