Six new FX algo strategies from Nordea

Nordea is launching a suite of six FX algo strategies this summer. Scandinavian institutions, said Kasper Folke, Nordea’s head of e-FX, have increasingly moved away from principal risk transfer towards execution algos.  “Some clients are using algos to find new ways of proving best execution, while other clients utilize algos as a means to improve execution quality and reduce the overall cost of trading FX,” he said.  Nordea’s FX algo customers tend to be large institutions – pension and insurance Nordea is launching a suite of six FX algo strategies this summer. Scandinavian institutions, said Kasper Folke, Nordea’s head of e-FX, have increasingly moved away from principal risk transfer towards execution algos.  “Some clients are using algos to find new ways of proving best execution, while other clients utilize algos as a means to improve execution quality and reduce the overall cost of trading FX,” he said.  Nordea’s FX algo customers tend to be large institutions – pension and insurance

Nordea is launching a suite of six FX algo strategies this summer. Scandinavian institutions, said Kasper Folke, Nordea’s head of e-FX, have increasingly moved away from principal risk transfer towards execution algos.  “Some clients are using algos to find new ways of proving best execution, while other clients utilize algos as a means to improve execution quality and reduce the overall cost of trading FX,” he said.  Nordea’s FX algo customers tend to be large institutions – pension and insurance