Wheels in motion: AB fully automates forex trade execution
US fund manager claims to save time and money with hands-free trading
Buy-siders often have lofty ambitions about how far they might automate trading workflow. For the most part, firms have concentrated on doing what’s easy – automating smaller, simpler trades that can be executed by straightforward algorithms.
In foreign exchange, AllianceBernstein has seen room to go further. Within the past year, the firm’s multi-asset trading team has deployed an FX algo wheel
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