With Damian Bierman, Head of Asia-Pacific Operations, Portware
The algorithm characteristics are varied from ultra-passive to ultra-aggressive and can combine internal customer research data and Portware analytical components enabling them to trade with a number of different strategies on both streaming liquidity and posted venues.
As the FX market continues to become increasingly electronic, firms are beginning to recognise how FX algos and integrating this element of trading with a more holistic set of TCA can be a competitive advantage. Both the buy-side and sell-side need to keep pace with new industry standards, and automating critical trading systems and the relevant data capture is a key part of this.
Adding on FX in most cases is as simple as adding the appropriate liquidity providers and deploying the FX specific look and feel components. The entire system is built to easily add on features where and when needed quickly and painlessly.
The way Campbell trades is somewhat unique. Their client base is global and full of complexity. Portware built features in the system to help create synthetic term trading solutions while also keeping in mind the need to book trades at a base currency and supply the appropriate information to their OMS and internal repositories.