Purchase-siders usually have lofty ambitions about how far they may automate buying and selling workflow. For probably the most half, companies have targeting doing what’s straightforward – automating smaller, less complicated trades that may be executed by simple algorithms.
In international alternate, AllianceBernstein has seen room to go additional. Throughout the previous 12 months, the agency’s multi-asset buying and selling workforce has deployed an FX algo wheel that mechanically selects the optimum execution algos for trades of baskets of currencies, typically
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