Saying no to algos
Algorithmic trading has come in for plenty of criticism from US politicians, with many blaming the practice for the dramatic flash crash on May 6, which saw the Dow Jones Industrial Average drop by nearly 1,000 points before rebounding. But even though it has come under the microscope in the equity market, this hasn’t stopped banks from looking to extend their algorithmic trading services to other asset classes – specifically, foreign exchange.
A number of forex platforms have now been launched
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Trading platforms
Derivatives
Inside Wells Fargo’s bid to take on big FX players
The third-largest US bank by assets plans to use big corporate flows to lure institutional clients
Receive this by email
Most read on Risk.net
- SEC’s Gensler takes aim at Bloomberg’s BSBY index
- CFTC rule change sparks dealer-client margin scuffle
- The Libor replacement stakes: runners and riders
- No clearing sweeteners for European SSAs, argue dealers
- Asia moves: Deutsche appoints Asia-Pacific treasurer, Citi boosts Australian sales team, and more