Buy Side Flocks to FX
First Published in Automated Trader Magazine Issue 08 Q1 2008
Auto and algo trading techniques are being deployed by a wide range of buy-side firms in the increasingly crowded, but not always transparent, waters of the FX market. Chris Hall reports.
The shotgun wedding between quick-on-the-draw automated
traders and the venerable but slow-moving institutions of the FX
establishment was a short-lived and tempestuous affair. Plenty of
'Wham! Bam!', but 'Thank you, Ma'am' was an uncommon courtesy as
the new century introduced new trading technologies to the FX
markets. The term latency arbitrage was coined to des...
