October 11, 2023
Why FX Algos May Belong in a Risk Manager’s Trading Toolbox
Some NeuGroup members are using algos to reduce trading costs and take advantage of aggregated liquidity in the FX spot market. FX algos offer corporate risk managers a well-established technology tool that can, ideally, lower trading costs while increasing speed and efficiency without moving the market when the need to trade falls outside the window of optimal liquidity in the forex market. Algos allow managers to define specific trading rules based on timing, price or quantity to determine trade execution…