Credit Suisse adds EM currencies to algos
The Czech koruna, zloty, forint, Slovak koruna, shekel and lira were added to the platform in the first half of this year.
"We've added these currencies, and will continue to expand our offering, in response to client demand," said Cameron Mouat, head of automated execution services (AES) FX trading and product development at Credit Suisse in London. The bank declined to comment on the source of the demand.
The most popular strategies in trading these currencies have been the 'guerrilla' and
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