Algorithmic trading
Northern Trust: algos give power to clients
The release of an FX algorithm suite in June ushered in a new era for the custody giant
Cürex launches pre-trade time-stamping
The new capability will allow Cürex’s customers to prove their compliance with Mifid II
Cartledge: Direct is moving to single-ticket execution
“We don’t know if the order is for the full amount or not, so we don’t want to call it full-amount trading," says Cartledge
XTX moves to zero hold times
The liquidity provider eliminates discretionary latency buffers in the last look window when trading with direct counterparties on a disclosed basis
FX e-trading near saturation, says Greenwich
But the next stage in the success story is due, the financial consultancy says
Pragma launches triangulation algo for crosses
New functionality will enable clients to achieve better execution when trading illiquid currency pairs
Curex introduces microsecond time-stamping
New capability goes beyond the non-HFT millisecond requirement called for by Mifid II
Algo trading increasingly attractive to corporates, says Greenwich report
While the number of corporates using algos slightly increased in 2016, a significant boost in usage came from earlier adopters
Northern Trust launches FX algo suite
The bank aims to deliver greater transparency and flexibility to clients
Pragma launches algo trading capability for NDFs
New set of products on Pragma360 expected to boost liquidity and best execution for emerging market currencies
JP Morgan tops Greenwich market share rankings
Citi falls into second place, as market share among top dealers is redistributed for second year in a row
Greater adoption of TCA in FX expected – Greenwich Associates
Survey shows increasing use of algos and electronic venues will spur the development of transaction cost analysis
Technancial and Ullink offer solution for clearing brokers
The newly launched product helps to monitor the trading activity of high-frequency trading firms using SDMA in near real-time
US traders most likely to boost algo usage and EM participation
Globally, 38% of 200 FX traders surveyed by JP Morgan plan to extend their use of algorithms
Pragma announces LD6 expansion
The move enables the algo technology provider to improve services to its expanding client base
Comment period prolonged for algo rule proposal
CFTC recognises "the number of questions within" its Regulation Automated Trading suggestion
FastMatch tweaks fees to discourage use of last look
Platform continues push to eliminate last look trading and plans to introduce a dark pool where clients can exchange inventory
Algo execution and TCA will drive market structure change
Pragma Securities chief Mechner expects best execution requirements to boost the adoption of algorithmic trading
More order types will be segregated from spot desks
Stop-loss and take-profit orders could follow fixing orders and become segregated, says BNP Paribas
Analytics and algos in focus as regulation hits
Credit Suisse sees best execution requirements being hammered home by Mifid II
FastMatch to offer algos and TCA to all subscribers
It makes the decision as algo execution gathers pace and clients require more trade transparency
Transparency around algos to grow next year, according to panellists
The goal is that customers understand the tool; TCA an important part of the learning process
Prepare for variation margin rules now, urges Massad
CFTC chairman talks margins, capital requirements and automated trading at FIA Expo
FXecosystem adds SG1 as it expands into Asia
This reinforces the firm's colocation connectivity network, which already includes LD4 and NY4