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ALGO UPDATE: Pragma Offers Spot FX Currency Algos

Traders Magazine Online News, September 23, 2014

John D'Antona Jr.

The $5.4 trillion currency market is going electronic and Pragma is getting in the game now with its own algorithms targeting the $2 trillion spot market. The service bureau provider will start offering a variety of algorithms specifically for FX, ranging from simple TWAP to more complex liquidity seekers that minimize market impact.

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