BidFX eyes expansion in execution tools and algos
Buy-side focus on FX exposure will drive development
BidFX is building a wider range of execution tools and adding more algorithms to its platform, as the firm believes they will play a bigger role in the foreign exchange market, says chief operating officer Alan Dweck.
The move is driven by the buy side’s demand for better means of execution, while there is a decreasing appetite for risk on the sell side.
“Over the years, there is a kind of mismatch going on between long-only managers trading for their investments and the way they then cover
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