Trading

Purchase-side merchants can’t be passive with algo execution

In management: FX Week Europe panellists say it’s important for buy-side merchants to be extra proactive about algos

Purchase-side merchants who’re taking a ‘set it and overlook it’ strategy to utilizing algorithms to execute their foreign money orders might have a rethink.

With danger transferring from the promote to the purchase facet, panellists on the FX Week Europe convention, held on November 20, mentioned it’s important for buy-side merchants to be extra proactive about how their orders are being labored into the market.

“A reasonably good proportion of our enterprise is finished by algos, and subsequently it’s extremely vital for the merchants to be

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