ANZ developing FX algo suite enhancements
David Thorne The main driver behind ANZ’s FX algo offering has always been the unique liquidity the bank is able to offer, says Thorne. “While most algos are really based around a TWAP-style execution, the benefit of the ANZ Client Algo is really about access to...
SEB plans launch of liquidity seeking algo
What are the unique features of your existing FX algo suite? Since the beginning we have offered three algos: a Peg, an Aggressive Watch and a Twap. One of our key features is our internal matching, where we use exchange technology derived from equities so that algos can match our...
Algos on the rise at 360T
One of the major trends within the FX industry in recent years has been the inexorable rise of algorithmic trading. Once only the provenance of the most sophisticated market participants that were able to direct sizable resources towards developing these products, we’ve now seen FX algos become widely available and...
Citi unveils Citi Velocity Dynamic Algo suite
Please tell us about your new product Citi Velocity Dynamic Algos. Citi Velocity Dynamic Algos have been engineered from the ground up as part of our algorithmic suite replatforming initiative. The algos are based on a combination of our experience in research and advanced quantitative techniques together with our next...
Peer-To-Peer algos set for growth
According to the recent Algorithmic Trading Survey 2021 conducted by Aite Group and published in The TRADE, traders turned to tried and tested algo strategies in times of market volatility. The rise of foreign exchange algorithms has grown over the years, particularly in spot FX trading, where minimizing spreads paid...
Commerzbank adds FX algo strategies to BidFX
BidFX, a leading cloud-based provider of electronic foreign exchange (FX) trading solutions, has announced that Commerzbank AG, the leading bank for the German Mittelstand and a strong partner for corporate and institutional clients, has made its five FX algorithmic strategies available on the BidFX platform. Clients can now access Commerzbank’s...