Technology now comprises a big part of today's trading landscape, perhaps most of it. Beyond just automating what used be to manual tasks, technology has encroached well into the "thinking"; parts of a trader's job. The key question for firms is where to draw the line. How much of the human touch should they outsource to machines?
Financial services professionals are closely watching the upcoming U.S. presidential election, which is expected to have meaningful implications for capital markets. Perhaps nowhere is this more the case than in foreign exchange, which in recent years has felt regulatory encroachment for the first time, after historically being a self-policing market.
TMX Insights announced TMX Analytics Product Suite has a full offering of tools and applications for the global foreign exchange market. The addition of FX capabilities is an important new offering as we continue to look for ways to increase the depth of value we bring to our clients, said Eric Sinclair, President, TMX Market Insights.
Regulatory reform has led to significant changes in FX market dynamics, including the move to exchange-style trading and centralized clearing. Yet many aspects of market regulation remain unresolved, such as what to do with non-deliverable forwards.
Continued adoption of electronic FX trading is increasing demand for performance measurement while providing the necessary execution data to calculate it.
Over the past year, the liquidity in emerging currencies grew in fits and starts quarter to quarter. Traders asked FX veterans for their outlook on the next 12 months.
As FX trading takes off inside buyside firms, OMS vendors are addressing the specialized needs of trading foreign exchange.
Wary of competing algorithms, some heads of foreign-exchange trading desks are rethinking their high-frequency trading practices.
New trading venues, HFT and market volatility are fueling the asset class to the head of the pack. Here's why, according to Aite Group's Sang Lee.
Big brokers began offering foreign-exchange trading algorithms five years ago, and now all the major players have an offering. Now a vendor is hoping to upend the status quo with a suite of algorithms it claims will offer better execution.