Algorithms
SEB rolls out algos on BBG and FXall
Swedish dealer develops algo strategies in-house and gives clients access to internal liquidity pool
360T expands algo suite for corporates
The platform offers 60 strategies from 13 banks, with four more dealers to come online before the year-end
Last-look class certification fails against Deutsche Bank
US District judge Lorna Schofield denies two class certifications, saying market participants were aware of liquidity providers using last look
Awards: Tradepoint
Tradepoint Systems wins Independent Algorithmic Trading Technology Provider of the Year at the 2018 FX Week e-FX Awards
Venue competition heats up as e-FX volumes plateau, says Greenwich
Following 74% growth in electronically executed FX in 2007-14, volumes flattened for four years
Solid FX firms up expansion plans
New chief Patrick Fleur tells FX Week about the platform’s priorities for the year ahead
MarketFactory launches pre-trade limit tool
Reflector monitors and balances the limits and positions across all trading venues
FCA: TCA ‘unlikely’ to fall under research
Third-party transaction cost analysis fees will be difficult to include in the spread if they do not count as research costs
UK regulators zoom in on algo trading
FCA and PRA launch co-ordinated push to improve risk management and governance of algorithmic trading
Integral expands market data service to 14 cryptocurrencies
Financial technology firm hopes to provide a more accurate reference price for major cryptocurrencies
Salmon warns of algo risks
BoE's Chris Salmon cautions against lack of transparency brought in by automated high-frequency trading
Integral introduces flat fees on OCX
The venue will charge $2.75 per million per side on its open currency exchange platform
FMSB warns of Ficc market vulnerabilities
In its annual report, the body representing the global Ficc market, highlighted areas of concern still needing attention
Pragma launches triangulation algo for crosses
New functionality will enable clients to achieve better execution when trading illiquid currency pairs
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
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
Non-banks to get dark pool for inventory exchange
Competition could heat up for banks, but may cue tighter prices
Algo execution and TCA will drive market structure change
Pragma Securities chief Mechner expects best execution requirements to boost the adoption of algorithmic trading
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