Tag: mobile trading

mobile trading

BidFX Upgrades Mobile App

OEMS provider BidFX has upgraded its mobile app to meet what it says is growing demand from market participants to securely manage and trade their spot FX, forward and NDF positions when working remotely. The latest version of the app enables traders to track and amend orders originally entered into office desktop computers via their […]

In the FICC of It

There is one theme for the podcast this week – the FX market’s ongoing challenges in the current volatile environment. Joining Colin Lambert, managing editor of Profit & Loss is Rob Loft, founder and CEO of performance consultants Harvey Loft, to talk through the issues, starting with a perspective of how markets have handled the […]

JPM: 2017 to Be “Watershed” Year for FX Algo Usage

A new survey released by JP Morgan, which almost 200 institutional FX traders took part in at the end of last year, shows that although just 12% of respondents currently use algorithms for trading, 38% plan to increase algo usage in 2017.

This, in and of itself is not necessarily a surprising statistic. Numerous market commentators have been predicting for a few years now that more institutional FX trades will employ algorithms for a variety of reasons. These include navigating an increasingly fragmented liquidity landscape, helping firms to minimise their market impact, providing a more auditable trading record, and potentially enabling buy side firms to take on more risk themselves as some banks drift towards a more agency-focused business model.