Algorithmic trading
FX algos and the weight of industry expectations
Algo usage may reach saturation point unless operators try something new, writes Matt Clarke of XTX Markets
Navigating uncharted markets with FX algos
BNP Paribas's Asif Razaq describes traversing Covid-troubled waters with execution algorithms
Assessing execution quality and slippage in volatile times
Market participants must focus on how their evaluated execution costs vary in different market regimes, writes Tradefeedr’s Alexei Jiltsov
Algo choice: how to implement a market impact/volatility trade-off
Quantifying how macroeconomic announcements affect market reaction is key to deploying the right FX algo, writes Alexei Jiltsov of Tradefeedr
FX vol revived by Covid-19 – but for how long?
Traders split on whether virus impact or central bank responses will prove most powerful
In choppy FX markets, algos buck expectations
Goldman, Nomura and others report increased volumes, although some clients revert to principal quotes
Beyond Barx: where Barclays is going next in tech ‘arms race’
Interview: Mauricio Sada-Paz on SDPs, MDPs and innovation in e-FX
E-trading takes hold for FX swaps – sort of
Bulk of trades are being executed over screen, but bolder changes have stalled
Algos: choosing the right horse for the right course
Liquidity and volatility regimes play big role in performance, BestX quants show
Rise of the algo wheel
How the buy side is embracing algorithm wheels and where challenges still remain
Vanguard: automation is great until it doesn’t work
Andy Maack, head of FX trading, talks about the future of trading, algos and diversity
JP Morgan: beating lower margins, flat volumes and the competition
Foresees collaboration with clients and technology providers on FX tech infrastructure, and working with regional players
BidFX eyes expansion in execution tools and algos
Buy-side focus on FX exposure will drive development
Artificial intelligence in FX ‘may be hype’
Relevance for AI in foreign exchange does not stack up compared with other classes
Best Bank Awards: JP Morgan
JP Morgan holds on to title of Best bank overall for FX at the 2019 FX Week Best Bank Awards
Best Bank Awards: UBS
UBS is voted the Best bank for the Swiss franc at the 2019 FX Week Best Bank Awards
Credit Suisse uses neural nets to call minute-ahead FX
Bank encases AI in ‘control framework’ to curb risk and will stick to micro timeframe for now
Algo adoption at inflection point, driven by buy side
Usage in FX is rising, but there are inherent limitations to overall take-up
JP Morgan traded $250 billion via NDF algos this year
A fifth of all the NDF algo volumes conducted by JP Morgan’s clients is being internalised
Tradepoint onboards 10 streaming NDF providers for broken dates
The firm sees greater use of algos to trade NDFs in increasingly electronified market
Danske overhauls FX technology to rebuff Tier 1 competition in Nordics
Bank inks partnerships on pricing engine, connectivity and algos; tests mobile solution for corporates
Tradepoint’s passive triangulation algo for synthetic crosses
Product allows regional banks to show passive interest in non-existent pairs where there is no direct market
BNPP launches hybrid NDF algos as electronic trading matures
Launch of BNP Paribas’s algos follows fast-growing demand for NDFs
UBS developing customisable client pricing engine
Swiss bank wants to give individual clients fully customised price without affecting system performance