Northern Trust has entered an exclusive
partnership with execution services software provider Bex to develop customised FX software, including
components used in Northern Trust’s electronic FX trading platform.
The firms say Bex’s
software “has enabled Northern Trust to ...
When discussing the future of the FX industry finding consensus amongst market participants about what the market will look like and how it will function can be challenging.
Yet one thing that appears to be broadly agreed upon is that the use of algorithms for executing trades is likely to continue growing in the coming years, as technology continues to evolve and firms look for new ways to minimise their market impact when trading.
Indeed, the use of algos is often prescribed as the answer to a market where it is becoming harder to execute in size and buy side firms are increasingly concerned about this issue of market impact.