
Banks Rent Ready-Made Algos for FX Trading
NatWest, XTX Markets and others are developing new outsourcing models for tech.
In past years, banks would develop and market their own trading algorithms in an attempt to win more foreign exchange business from clients.
They’ve since discovered an easier method. Many now use somebody else’s trading algorithms, repackage them and label them as their own.
White-labelling, as it’s known, has become an increasingly common way for FX dealers to gain algo trading volumes quickly and cheaply. But a new variant of this technique is appearing. A handful of dealers are beginning
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 [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Data Management
Waters Wavelength
Waters Wavelength Podcast: Episode 226 (M&A and people)
On this episode of the Wavelength Podcast, Wei-Shen and Tony talk about the importance of communication when it comes to M&A activity within a company.
Subscribe to Weekly Wrap emails
Most read
- The curious case of Larry Fondren and DelphX
- Bloomberg RHub fee hike reflects cost pressures of regulatory reporting industry
- Itiviti’s Blueprint for Success—Investing in People and Products
- Esma: Both OTC identifiers will not be required in Emir reporting
- Waters Wrap: Microsoft’s capital markets play (And Algorithmics thoughts)