What impact can the time of day have on FX liquidity and how much relevance does this have for algorithmic trading? Time of day can have a significant impact of the performance of execution algorithms, the FX market is OTC and for the majority of algorithmically tradable currency pairs the market is open 24/5 so naturally liquidity varies through the day, these variations are normally the result of local markets opening or closing and spikes in liquidity around certain events What impact can the time of day have on FX liquidity and how much relevance does this have for algorithmic trading? Time of day can have a significant impact of the performance of execution algorithms, the FX market is OTC and for the majority of algorithmically tradable currency pairs the market is open 24/5 so naturally liquidity varies through the day, these variations are normally the result of local markets opening or closing and spikes in liquidity around certain events
What impact can the time of day have on FX liquidity and how much relevance does this have for algorithmic trading? Time of day can have a significant impact of the performance of execution algorithms, the FX market is OTC and for the majority of algorithmically tradable currency pairs the market is open 24/5 so naturally liquidity varies through the day, these variations are normally the result of local markets opening or closing and spikes in liquidity around certain events
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