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Algo execution in a conflict: how the FX market held up

FX algo execution proved its resilience once more at the height of the Iran war, argues Goldman exec

Digital globe with currency symbols and candlestick charts

At the start of February, I moved from our London to our Dubai office. I was following in the footsteps of many of our key clients, who value the region’s stability and business-friendly environment bridging Europe and emerging Asian markets. Within a few weeks of my arrival, those conditions were being tested by the war with Iran. I am happy to say that for most of us on the ground in the Gulf, our routines were only marginally disrupted – more colourfully in the media than in our daily lives

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