Investing in algorithmic trading toolsets for best execution strategies in FX

June 2023 in Previous Features

Heavy scrutiny of FX trading practices in recent years has driven an increased focus on best execution, but while algorithmic execution can sometimes outperform traditional channels, it needs to be supported by robust TCA technology. Joel Clark investigates.

Foreign exchange trading has been placed under the microscope in recent years, as a series of high-profile scandals and investigations has led regulators and investors to examine trade execution practices more closely. An increased focus on best execution is one consequence, with buy-side firms facing much greater pressure from their own clients to prove that they have sourced the best deal. “We are in an environment where the market structure is evolving at a rapid pace with the implementation of Foreign exchange trading has been placed under the microscope in recent years, as a series of high-profile scandals and investigations has led regulators and investors to examine trade execution practices more closely. An increased focus on best execution is one consequence, with buy-side firms facing much greater pressure from their own clients to prove that they have sourced the best deal. “We are in an environment where the market structure is evolving at a rapid pace with the implementation of

Foreign exchange trading has been placed under the microscope in recent years, as a series of high-profile scandals and investigations has led regulators and investors to examine trade execution practices more closely. An increased focus on best execution is one consequence, with buy-side firms facing much greater pressure from their own clients to prove that they have sourced the best deal. “We are in an environment where the market structure is evolving at a rapid pace with the implementation of

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