Has foreign exchange got 'rithm?


Put simply, algorithmic trading is the automation of trading strategies as algorithms.

The opening up of electronic foreign-exchange (FX) application program interfaces (APIs) has been one of the major stimulators of interest in algorithmic trading for FX. For example, EBS, Reuters and Hotspot allow customers' trading algorithms to connect directly to their systems through an electronic API, thereby eliminating the need for the trader to use a dedicated proprietary terminal.

However, electroni

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