Watching your electronic footprints in the market: FX algo trading and the FX Global Code

Industry surveys point to the growing importance of algorithmic trading in FX, particularly for execution requirements which are large relative to the instantaneously available liquidity. This rise in the use of FX algorithmic execution is generally attributed to more efficient execution, lower costs and greater transparency, and is supported by advances in technology as well as regulatory requirements.   We will differentiate between “FX algorithmic order execution” capabilities (“FX Algo Trading Services”) being made available to clients (or other market Industry surveys point to the growing importance of algorithmic trading in FX, particularly for execution requirements which are large relative to the instantaneously available liquidity. This rise in the use of FX algorithmic execution is generally attributed to more efficient execution, lower costs and greater transparency, and is supported by advances in technology as well as regulatory requirements.   We will differentiate between “FX algorithmic order execution” capabilities (“FX Algo Trading Services”) being made available to clients (or other market

Industry surveys point to the growing importance of algorithmic trading in FX, particularly for execution requirements which are large relative to the instantaneously available liquidity. This rise in the use of FX algorithmic execution is generally attributed to more efficient execution, lower costs and greater transparency, and is supported by advances in technology as well as regulatory requirements.   We will differentiate between “FX algorithmic order execution” capabilities (“FX Algo Trading Services”) being made available to clients (or other market