Commentary

Ivy Schmerken
Traders Magazine Online News

FX Algo Usage Rises as Buy-Side Takes Charge

Algorithmic trading is gaining ground in foreign exchange among asset managers and pension funds that have been traditionally slower than hedge funds and CTAs in adopting these tools.

Traders Poll

Nasdaq has announced that it is formulating an "extended life" order type designed to compete with IEX. Does that make you more likely to trade on Nasdaq?

Yes

51%

No

49%

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Panelist: Ed Tilly, CBOE; Dave Herron, Chicago Stock Exchange, both Chicago;

Moderator: Brett RedFearn, Bear Stearns; Panelist: Bob McSweeney, NYSE; Jamie Selway,

White Cap Trading, all New York.


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