FXPA shines light on FX internalisation in algos

Internalisation is now very much an established feature of the FX algo market, yet buyside clients may often be unaware of the significant differences in how internalisation is currently being defined and applied by various algo providers. In a bid to increase transparency and best practise in the industry, the Foreign Exchange Professionals Association (FXPA) has published new guidance around the various flavours of internalisation and the implications these differences might have on algo execution. The paper, FXPA Guidance: Definitions Internalisation is now very much an established feature of the FX algo market, yet buyside clients may often be unaware of the significant differences in how internalisation is currently being defined and applied by various algo providers. In a bid to increase transparency and best practise in the industry, the Foreign Exchange Professionals Association (FXPA) has published new guidance around the various flavours of internalisation and the implications these differences might have on algo execution. The paper, FXPA Guidance: Definitions

Internalisation is now very much an established feature of the FX algo market, yet buyside clients may often be unaware of the significant differences in how internalisation is currently being defined and applied by various algo providers. In a bid to increase transparency and best practise in the industry, the Foreign Exchange Professionals Association (FXPA) has published new guidance around the various flavours of internalisation and the implications these differences might have on algo execution. The paper, FXPA Guidance: Definitions