Algorithmic execution
Tradepoint to roll out fixing algo
Trading tech firm plans to introduce in-house fixing algo, captured under its ‘all you can eat’ pricing structure
Citi revamps algos to improve sweep impact predictions
Bank works to make some aggressive strategies more intelligent when handling liquidity and filling orders
Barclays launches new algo on Barx platform
Barx Peg offers access to the bank’s franchise liquidity pools
JP Morgan rolls out algo workflow tool on Bloomberg App Portal
The integration should make the bank’s Algo Central software and FX trading services more accessible
Goldman Sachs goes live with smart NDF algo
Initial trades have already taken place with the algo, which draws on internal and external liquidity
2019: a year for innovation and technology
No longer weighed down by regulatory concerns, the FX industry can focus on innovation for its own sake
Citadel Securities: algo trading to rise, buy side seeks broader liquidity provision
As TCA metrics highlight the benefits of non-bank liquidity provision, Citadel Securities expects more participants will be drawn to its offering
Pragma Securities: algorithmic trading ripe for growth
Pragma is building a new generation of algo that incorporates the latest artificial intelligence
Northern Trust: tailoring algos to suit client needs
Interest in algorithms is growing across the FX industry
Shterenberg to lead G10 and EM e-FX trading at Barclays
Based in New York, Alex Shterenberg joins the bank from BAML
Best Banks Awards: JP Morgan
JP Morgan voted the Best Bank for FX at the 2018 FX Week Best Banks Awards, as well as the winner of eight other categories
Best Banks Awards: HSBC
HSBC comes third at the 2018 FX Week Best Banks Awards with three wins, including the Best Bank for Renminbi
Best Banks Awards: Citi
Citi comes second overall, picking up seven accolades, at the 2018 FX Week Best Banks Awards
Virtu Financial to acquire ITG for $1bn
Cash deal comes little over a month since reports of potential merger
State Street’s Bond: BestX audit will guarantee independence
TCA provider BestX will retain independence and be subject to annual audits focused on data
BestX clients seek independence reassurance
Clients and LPs want clarity around the deal between State Street and BestX to gain confidence about the provider’s continued independence
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
BidFX joins MarkitServ’s FX network
The firm expands range of post-trade processing services it offers clients
Allston Trading picks Corvil for analytics
The electronic market-maker seeks to optimise its systems and infrastructure for better execution outcomes
NatWest bids for order-book management business
The UK dealer's frosted glassbox serves as segregated order execution desk for fixings and stop losses
Algo supervision is paramount, says Rahmouni-Rousseau
Banque de France’s director of markets notes the rise of algorithm usage carries a high level of responsibility
Hudson joins BGC’s Fenics as global head of e-FX
Liam Hudson was previously the global head of electronic FX at BAML
SEB’s Hellstrom joins Swedbank
Par Hellstrom was a senior FX quant trader at SEB