Trading Tech

Citi Slashes FX Trading Latency with Velocity 2.0

As Citi prepares to launch the next iteration of its high-speed foreign exchange (FX) trading platform, volumes and transaction velocity in the market have never been higher. With the widespread use of algorithmic trading, has volatility been increased…

Rage Against the Machine

Icap's currency-trading system went rogue and inadvertently caused the Swiss franc to fall. Although the incident was a "mistake" and should never have happened, it's no less disconcerting.

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