online gambling singapore online gambling singapore online slot malaysia online slot malaysia mega888 malaysia slot gacor live casino malaysia online betting malaysia mega888 mega888 mega888 mega888 mega888 mega888 mega888 mega888 mega888 The Rise of the FX Algo Wheel

摘要: Algorithmic trading has proliferated across global FX markets over the past decade. Today, roughly 20% of the institutional foreign exchange trading volume is now executed through algos. FX algo usage is following that of the equities market - where algos currently account for more than half of all equity trading volume. So what’s behind all this algo growth?

 

 

FX Algo usage is being driven by two primary factors: lower execution-cost and higher execution-quality. Both have always been used to improve relative returns. But this push has taken on new urgency, following a raft of recent Regulations around the globe.

The past few years have witnessed legislation such as Dodd-Frank, EMiR, MIFID2 and Basel III. All sprouted from a desire to reduce systemic risk. Whether or not they’ve achieved their aim is unclear. But they have accomplished one thing; they’ve now made the Buyside institutional trader responsible for their own execution quality.

Formerly, the Buyside trader would pass their FX orders to the dealers and hold them accountable for “best ex.” Now, the Buyside trader is on the hook for WHERE, WHEN and with WHOM their FX was traded. Under these new regulations, best-ex is no longer the dealers’ problem. The Buyside must now illustrate that they’ve selected the best broker and algorithm - and be able to prove it.

......

 

詳見全文Full Text: FX Algo News

若喜歡本文,請關注我們的臉書 Please Like our Facebook Page: Big Data In Finance

 


留下你的回應

以訪客張貼回應

0
  • 找不到回應