FXall enables users to access bank algos

Abstract

FXall has launched a new facility that will allow customers to use bank algorithms and send resting order requests to selected banks for them to manage. Credit Suisse, Deutsche Bank, Goldman Sachs and JP Morgan are currently signed up as provider banks, while Citi and Morgan Stanley are expected to be on board in the third quarter. The company rolled out the facility to clients on June 20, as part of a strategy to provide a wide range of execution methods through the FXall platform.