Deutsche Bank has added a new pre-trade visualisation tool called Quick Pre-Trade to its Market Colour app, addressing client demand for greater insights into their FX algo executions. The tool allows clients to see their execution risk on screen and provides additional guidance on how long it will take to execute their chosen algo. “Quick Pre-Trade is a powerful new tool which we have made available to all clients,” says Vittorio Nuti, Global Head of LD and FX Algo Trading at Deutsche Bank. “Clients are interested in making more informed decisions around their algo use. We are providing the framework for them to do that as intuitively as possible, basing their decisions on real historic data augmented with projected outcomes.” Aled Basey, FX Workflow Solutions Director at Deutsche Bank, adds the new functionality was developed in response to growing client demand for cutting edge tools with actionable data insights, while also maintaining a seamless user experience. “This new feature helps our clients to make the optimal decisions about which algo strategy and parameters to select based on their primary objective. Guiding clients intuitively to the right tool for the job is a crucial step in delivering better outcomes. As the name suggests, making this quick and easy to use was a priority, such that it can fit seamlessly into their Algo workflow” Basey says.
