Foreign Policies

TRADING TECHNOLOGY

From a niche strategy to one of the principle channels for executing equity trades, algorithmic trading has risen in the past few years from an industry buzzword to a staple of the modern trading environment. The foreign exchange (FX) market, however, has been slower to adopt algo, despite the rapid development of electronic trading platforms in the space.

"The movement toward electronic FX trading (e-FX) has been growing for the past seven or eight years," says Tim Cartledge, managing director

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