Trade execution
LSEG’s FXall to open access for banks’ NDF algos
Move tipped to help smooth buy-side adoption of algo execution for non-deliverable forwards
Sterling shocks have traders back on the phones
FX Markets USA: liquidity shocks herald a shift back to voice trading
FX timestamping progress ticks on, slowly
New fintechs may help with the problem, but lack of urgency holding back pace of change
Banks prepare to unleash FX swap bots
BNP Paribas, JP Morgan build execution algos to plug into platforms – but swaps liquidity needs to catch up first
Dragging OTC FX options into the modern day
FX dealers may finally have a viable way to trade the instruments electronically, but limitations remain
Fee standoff intensifies as FX spreads compress
As spread squeeze continues, brokers refuse to budge on trading fees
How long should TWAP algos run?
BestX says modelling typical durations by notional per pair could be used to create a new algo benchmark
GFXC launches public consultation on code review
Comment sought on proposed guidance setting out new disclosure expectations
OTC FX options market gears up for faster electronification
Share of electronic trading remains low but host of factors promise to change that for good
Has Covid stopped the clocks on FX timestamp efforts?
Budget reallocation may not be the only factor stalling standardisation progress, say participants
New hedging tools for corps will test sales teams
Advances in automation could spell big changes in skills required of bank salespeople
Banks boot up next-gen hedging bots
Automated FX hedging can save money and time, proponents argue. But corporates have qualms
Banks nervy over GFXC plan for algo cover sheets
Disclosing inner workings of algorithms could result in loss of intellectual property, banks warn
A peek inside GFXC’s algo cover sheets
Order priority and segregation policy among the items under discussion
AFM seeks ‘level playing field’ for venues and aggregators
Dutch regulator suggests some liquidity services should be classified as OTFs
BNY Mellon, Deutsche Bank to extend FX API for Indonesia and India
Chatbots cut through delays in dealing with custodians
WM/R fix and the curse of predictability
Investors should renew their focus on execution strategies around the 4pm fix, writes Alexei Jiltsov of Tradefeedr
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
Trading venues decry disruptors as MTF battle heats up
Unregulated tech vendors accused of operating as de facto venues; claim dismissed as “entirely outrageous”
Rise of the algo wheel
How the buy side is embracing algorithm wheels and where challenges still remain
Citi: e-FX matching engine goes live in Singapore
The bank will expand the e-FX offering to more products after spot debut
BidFX eyes expansion in execution tools and algos
Buy-side focus on FX exposure will drive development