BidFX adds Standard Chartered algo suite to platform

SCB are a leading liquidity provider on the BidFX platform and adding their algo suite has been very well received by the institutional buy side currently using BidFX says John McGrath, chief revenue officer at BidFX.

BidFX adds Standard Chartered algo suite to platform
John McGrath

SCB are a leading liquidity provider on the BidFX platform and adding their algo suite has been very well received by the institutional buy side currently using BidFX says John McGrath, chief revenue officer at BidFX.

“The evolution within the FX algo space, regulatory and functional, has led to many of our clients looking for more sophisticated execution mechanisms. As part of this we have been working with our existing liquidity providers to provide an algo hub service to clients which encapsulates a complete range of strategies with no development and infrastructure costs. We work closely with our algo providers such as SCB to ensure any new algos can be onboarded as quickly as possible,” says McGrath.