Alistair Cree

How can FX benefit from a new wave of innovation with Algo Wheels?

June 2023 in Algo Tech

Alistair Cree, Product Manager at FlexTrade, tackles ten questions we have asked him about Algo Wheels.

What is an Algo Wheel and what are they designed to do? Algo Wheels are tools for standardizing, automating and experimenting with trading workflows. They selectively randomize some decisions within the process so that unbiased data can be gathered on how the different choices affect overall trading performance. While they’re often just applied to broker/counterparty selection, this is far from the only (or most impactful) application. How are Algo Wheels typically implemented and what processes are involved in the way What is an Algo Wheel and what are they designed to do? Algo Wheels are tools for standardizing, automating and experimenting with trading workflows. They selectively randomize some decisions within the process so that unbiased data can be gathered on how the different choices affect overall trading performance. While they’re often just applied to broker/counterparty selection, this is far from the only (or most impactful) application. How are Algo Wheels typically implemented and what processes are involved in the way

What is an Algo Wheel and what are they designed to do? Algo Wheels are tools for standardizing, automating and experimenting with trading workflows. They selectively randomize some decisions within the process so that unbiased data can be gathered on how the different choices affect overall trading performance. While they’re often just applied to broker/counterparty selection, this is far from the only (or most impactful) application. How are Algo Wheels typically implemented and what processes are involved in the way

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