Considerations for FX algo execution in changing markets

Although FX markets are always changing, many market characteristics such as spread, volatility or liquidity often fall into predictable ranges. An algo that can recognise and adapt as these market characteristics change is more likely to give clients better outcomes than one that doesn’t.  We will consider some talking points around algos in changing markets; and will also consider questions a buyside trader might ask about algo behaviour to assess algo providers. A lesson learnt from 2008 In late 2008 Although FX markets are always changing, many market characteristics such as spread, volatility or liquidity often fall into predictable ranges. An algo that can recognise and adapt as these market characteristics change is more likely to give clients better outcomes than one that doesn’t.  We will consider some talking points around algos in changing markets; and will also consider questions a buyside trader might ask about algo behaviour to assess algo providers. A lesson learnt from 2008 In late 2008

Although FX markets are always changing, many market characteristics such as spread, volatility or liquidity often fall into predictable ranges. An algo that can recognise and adapt as these market characteristics change is more likely to give clients better outcomes than one that doesn’t.  We will consider some talking points around algos in changing markets; and will also consider questions a buyside trader might ask about algo behaviour to assess algo providers. A lesson learnt from 2008 In late 2008