The future face of FX trading

A new generation of computer trading models is emerging as banks come under pressure to prove they are offering clients the best price on currency trades.

A new generation of computer trading models is emerging as banks come under pressure to prove they are offering clients the best price on currency trades in an ever more competitive market.

Whereas investors might once have picked up the phone to ask brokers or traders for a quote, they are increasingly using complex models designed by the banks, known as algorithms, or algos, to transact large orders at the best possible price.

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