K&KGC
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K E Y F I N D I N G S F R O M 2 0 1 8 H 1 AT F
Switching gears in
Foreign Exchange trading
K&KGC has found that the buy-side are currently
evaluating their trading tools as some firms may be
pushing towards cross-asset technologies and others
are re-evaluating if the technology they are using
is still best-of-breed in this evolving market space.
The buy-side are evidently breaking barriers seeking
liquidity in ECNs and also non-bank liquidity providers
for Spot trading. Can multi-asset TCA tools compete with specialist FX
TCA tools? Stay tuned, join our ATF meetings and hear
what your buy-side peers think.
Many buy-side has indicated that they will start using
FX trading algorithms in 2018 and K&KGC will publish
their 2018 buy-side FX trading algorithm benchmark
research in the summer months. What we can reveal
publicly is that, K&KGC have used the initial results to
build a template to standardise even deeper ongoing
research in this area to assist the buy-side with
understanding which technologies are tested and
proven by their peer network. Algorithms leveraging
machine learning techniques are already being used
by a few algorithm providers. The 2018 K&KGC buy-
side research will reveal a quite defined need-to-
know list of counterparty firms that
are serving the institutional buy-
side community for Spot and FX
derivatives. There are still numerous challenges around
complexities in the FX derivatives trading side, of
which some would demand new innovation s. K&KGC
is committed to facilitate ongoing peer group debates
and research to iron out the inefficiencies. The 9 th
Alpha Trader Forum Foreign Exchange meeting will
take place 4 th October in London.
If you ever would like to know, who signed he Global
Foreign Exchange Committee’s official Global Index of
participating Public Registers committed to the Global
Code: https://www.globalfxc.org/global_index.htm
From an analytics tools
perspective, competition has
heated up over the last year.
SAVE THE DATE - FX ATF'S:
- 9 th ATF London (4 th October)
- 7 th ATF Global Summit (7 th February 2019)
Summer 2018
www.buysideintel.com
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