Nicola Tavendale

Shining a light on Covid-19 What has the buyside really learnt about FX algo use during the crisis?

June 2023 in Market Watch

As the data analytics, reports and whitepapers begin to drill down into the detail of FX algo performance during the height of the Covid-19 volatile market period, the true extent of the increased buyside usage is now becoming more fully understood.

According to analysis published by Refinitiv’s FXall, recent usage trends confirm algos have become an everyday tool for the buyside - and not just in times of low volatility. Algo trading volumes in March increased by 380% year-over-year on FXall, with the bulk of the increase attributable to asset management clients, while the continued heavy workload faced created by tough market conditions means the buyside is increasingly turning to smart tools to enhance their trade execution. A JP Morgan report According to analysis published by Refinitiv’s FXall, recent usage trends confirm algos have become an everyday tool for the buyside - and not just in times of low volatility. Algo trading volumes in March increased by 380% year-over-year on FXall, with the bulk of the increase attributable to asset management clients, while the continued heavy workload faced created by tough market conditions means the buyside is increasingly turning to smart tools to enhance their trade execution. A JP Morgan report

According to analysis published by Refinitiv’s FXall, recent usage trends confirm algos have become an everyday tool for the buyside - and not just in times of low volatility. Algo trading volumes in March increased by 380% year-over-year on FXall, with the bulk of the increase attributable to asset management clients, while the continued heavy workload faced created by tough market conditions means the buyside is increasingly turning to smart tools to enhance their trade execution. A JP Morgan report

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