Invesco bets on new tech to refine its FX trading

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In the middle of last year, when most asset managers were hunkered down in their storm shelters waiting for Covid to blow through, Invesco was introducing a new trading tool for its foreign exchange desk.

It might have seemed a bold move – foolhardy even – to roll out an execution management system (EMS) at a time when volatility was only just settling down from historic highs and trading platforms had been stretched almost to breaking point.

But Ray Uy, Invesco’s global head of fixed income

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