Navigating the choppy waters of EM currency trading with execution algorithms

June 2023 in Previous Features

The global foreign exchange may be the world’s most liquid market, with more than $5 trillion traded daily, but that liquidity is not always so abundant when it comes to emerging markets. Can execution algorithms help the buy-side manage uneven and sometimes chaotic market conditions?

China’s economic convulsions have reminded the market how volatile and uncertain emerging markets can be. As doubts have mounted about China’s ability to maintain economic momentum, a rethink of global macroeconomic conditions has begun, sending asset markets on a roller-coaster ride. “I think algos in EM are incredibly important and I would argue that in some cases – obviously not all – illiquid markets are really where algos shine.” Crises are never easy to navigate, but the recent tumult comes China’s economic convulsions have reminded the market how volatile and uncertain emerging markets can be. As doubts have mounted about China’s ability to maintain economic momentum, a rethink of global macroeconomic conditions has begun, sending asset markets on a roller-coaster ride. “I think algos in EM are incredibly important and I would argue that in some cases – obviously not all – illiquid markets are really where algos shine.” Crises are never easy to navigate, but the recent tumult comes

China’s economic convulsions have reminded the market how volatile and uncertain emerging markets can be. As doubts have mounted about China’s ability to maintain economic momentum, a rethink of global macroeconomic conditions has begun, sending asset markets on a roller-coaster ride. “I think algos in EM are incredibly important and I would argue that in some cases – obviously not all – illiquid markets are really where algos shine.” Crises are never easy to navigate, but the recent tumult comes

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