Buy-side traders cannot be passive with algo execution
Traders need to be proactive and ensure in-depth monitoring throughout life of an order, panellists say
Buy-side traders who are taking a ‘set it and forget it’ approach to using algorithms to execute their currency orders may need a rethink.
With risk transferring from the sell to the buy side, panellists at the FX Week Europe conference, held on November 20, said it is essential for buy-side traders to be more proactive about how their orders are being worked into the market.
“A pretty good proportion of our business is done by algos, and therefore it’s highly important for the traders to be
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