Algorithmic trading
Traders prepare for HFT shift into emerging markets
Better infrastructure and deeper liquidity is attracting high-frequency traders to exploit EM currencies, say traders and technology providers
High-frequency trading: managing the nuclear power supply
New York-based AienTech likens HFT to nuclear power that can be used for both positive and negative purposes, and chief executive Ugur Arslan is preparing to distribute his technology to the broader market in 2013
Citi bumps up awards tally to scoop eight categories
The launch in January of Velocity 2.0, the latest incarnation of Citi’s FX platform, has been a key driver of its success in a number of different areas this year, according to the bank’s FX management team
Forex TCA heads into pre-trade sphere
Banks are increasingly offering pre-trade transaction cost analysis in an effort to help their clients better understand how to ensure best execution prior to committing to the trade. Kathy Alys reports
UBS readies regulation-focused FX algos
The Swiss bank will launch its first algorithmic FX trading tools early next year with smart order routing to help clients navigate regulatory change
Spotlight on: Rob Maher, Credit Suisse
Credit Suisse’s global head of fixed-income electronic sales talks to Joel Clark about the changes the Swiss bank has been making to its e-FX business with the development of a new single-dealer portal and the integration of its algorithmic and…
Shining a light on high-frequency trading
Forex trading platforms are intent on tackling any negative effects of high-frequency trading, but the speed of the practice makes it tough to manage the risks. Robert Mackenzie Smith reports
Citi wins double whammy for algos and Velocity platform
A combined effort to enhance Citi's standing in e-FX lands the bank awards for best algo trading technology and most innovative bank e-trading platform
Best trading technology vendor: Portware
Portware wins the award for best trading technology provider as its algorithmic and cloud capabilities gain increasing traction in the FX market
Standards multiply as FX TCA takes hold
Increased choice in FX transaction cost analysis (TCA) is giving asset owners more tools to measure the performance of liquidity providers, custodians and trading algos. However, with more opportunities for real-time data capture driving a diversity of…
FXall enables users to access bank algorithms
New functionality allows clients to route algorithmic and limit order requests to selected banks
BNP Paribas rolls out FX algos
Cortex iX algorithmic execution suite will officially launch this week, aiming to provide better anonymity than existing FX algos
Spotlight on: Raymond Kamrath, Faros Trading
Faros Trading has made a number of senior appointments to its sales team in recent months as it eyes global expansion from its headquarters in Stamford, Connecticut. Chief executive Raymond Kamrath talks to Chiara Albanese about the growth of the firm…
Algo execution sales head departs Credit Suisse
Jonathan Wykes, formerly global head of FX sales for Credit Suisse’s algorithmic execution business, has left the bank
Algos must be prepared for risk events, experts warn
Safeguards are needed for algorithmic execution tools to navigate risk events such as platform outages
FX Week Europe: Algos prove their worth in volatile markets, say banks
By locating the best sources of liquidity and benchmarking execution to the rest of the market, algorithmic strategies add value in difficult markets, according to pioneers at Credit Suisse and Citi
FX Week Europe: TCA key to effective algo execution, says Shell
Paul Downie, Shell's head of liquidity and FX, explains how thorough analysis of all available execution data has been key to the firm's trialling of FX algo tools over the past year
Bloomberg Tradebook claims algo award after enhancing client support
The vendor launched a new set of support services, Execution Consulting, earlier this year, to help clients better understand the intricacies of algorithmic trading
Dow Jones pitches news-based algo trading to FX traders
News providers including Dow Jones and Thomson Reuters report widespread interest in news feeds that scan keywords in news stories to forge trading strategies, but some remain sceptical about whether they can genuinely add value for traders. Farah…
Profile: Credit Suisse Advanced Execution Services
Credit Suisse is one of a number of banks to have invested heavily in its algorithmic trading capabilities over the past decade. Clive Davidson talks to the bank’s algo trading team to find out how it plans to leverage its success in equity and FX…
Spotlight on: Mike Harris, Campbell & Company
The director of trading at commodity trading adviser Campbell & Company talks to Miriam Siers about the current trading environment and the challenges in the market for buy-side traders
Dispelling the myths of HFT
Central bankers can no longer ignore the impact of high-frequency trading on the FX market
OTC derivatives reform will lead to algo boom, banks predict
Dodd-Frank and Sefs set to encourage growth in algorithmic execution of OTC derivatives, say dealers
RBS launches gamma hedging algo for forex clients
New algorithm is designed to automatically hedge gamma sensitivity of foreign exchange options