Buyside firms need to leverage technology to stop writing checks to HFT firms with clients's money.
Caplin Systems, an e-distribution specialist and vendor of single-dealer platform (SDP) technology, launched Caplin FX Mobile. Built in HTML, the new app enables a bank's institutional clients to monitor and manage their currency orders via their smartphones and tablets.
The Swiss bank nabbed an algorithmic trading specialist for its FX, credit and rates teams from Barclays.
The Trading Central Research app provides trade suggestions on intraday as well as long-term strategies for FX, metals, indices, stocks and other instruments.
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.