As we look back on this year, topics such as institutional adoption of digital asset trading, European trading in response to geopolitical risk, and the SEC’s plans to revamp U.S. stock trading rules dominated the headlines. In 2022, we covered those topics and much more including the growing sophistication of AlgoWheel, and the evolution of the buy-side fixed income EMS.
Panelists agreed on the need to capture and monitor tradeable streams as a precondition for calculating liquidity analytics, emphasizing this helps them understanding which LPs are performing better than others.
From selecting FX algorithms, to evaluating liquidity providers, to identifying hidden costs, there is an emphasis on what the data is telling people, said multiple speakers at the virtual event. In addition, recent changes to the FX Global Code of Conduct, could provide additional market transparency for the buy side related to algorithmic trading and TCA.
FlexTrade today announced the integration of the BestX trade analytics solution for FX within its FlexTRADER EMS. With a fully interactive interface, users can use BestX to analyse their FX executions in real-time, delivering transparency to enable better decision making whilst meeting the needs of MiFID II compliance for FX trading.
FlexTrade’s David Ullrich discusses the outlook for FX industry trends in 2017.
As European regulators eye the FX market, the onus is falling on buy-side firms to develop best execution FX standards and take more control over their trades.
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