More control over order execution driving FX algo uptake, says UBS

The desire of asset managers, hedge funds and corporates to closely monitor and control their order execution is driving increased appetite for algo strategies in foreign exchange, according to Kim Simms, product manager for FX algorithms at UBS. “Many of our clients want to specify a specific set of parameters to tightly control the execution of their orders in a way that is simply not practical when trading manually. Sometimes this is a matter of specifying parameters pre-agreed with their The desire of asset managers, hedge funds and corporates to closely monitor and control their order execution is driving increased appetite for algo strategies in foreign exchange, according to Kim Simms, product manager for FX algorithms at UBS. “Many of our clients want to specify a specific set of parameters to tightly control the execution of their orders in a way that is simply not practical when trading manually. Sometimes this is a matter of specifying parameters pre-agreed with their

The desire of asset managers, hedge funds and corporates to closely monitor and control their order execution is driving increased appetite for algo strategies in foreign exchange, according to Kim Simms, product manager for FX algorithms at UBS. “Many of our clients want to specify a specific set of parameters to tightly control the execution of their orders in a way that is simply not practical when trading manually. Sometimes this is a matter of specifying parameters pre-agreed with their