Bad Clocks Block FX Best-Ex

To get a good deal in fast-moving FX markets, buy-side firms need to know the time. Some of them don’t.

Flavor Flav, the hype man for hip-hop superstars Public Enemy, famously wore a large clock around his neck, so he knew what time it was.

He would not have been a success in modern foreign exchange markets, where participants increasingly need to care not just about hours, minutes and seconds, but also milliseconds and even microseconds. Unfortunately, in the form of clunky order-management systems (OMSs), observers claim some buy-side firms are still using the equivalent of Flav’s clock.

“We

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here