FastMatch to offer algos and TCA to all subscribers
It makes the decision as algo execution gathers pace and clients require more trade transparency
FastMatch is making its proprietary algorithmic and transaction cost analysis (TCA) services available to all of its subscribers, as the adoption of algo trading on the buy side gains ground.
The move makes the platform the first institutional ECN to offer algos to all client segments. FastMatch chief executive Dmitri Galinov tells FX Week the decision comes after almost two years of successfully offering the tool to clients in the asset management space.
"Currently, algos are mostly offered by
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