From The Management
BidFX Algo Hub
3 things to know about BidFX Algo Hub
Best of Breed Hub for Algo Execution
No Development and Infrastructure Costs
Helps towards regulatory concerns with solutions to increase transparency
BidFX’s recent growth has been exponential in terms of volumes and clients and is driven by innovative solutions delivered to an increasingly complex eFX market. The evolution within the eFX market in conjunction with the increased regulatory framework has led to many of our clients looking for more sophisticated execution mechanisms. We delivered this by working with our Liquidity Providers to provide an Algo Hub service to clients.
BidFX currently has 13 Global Bank Liquidity Providers providing their Algo services on the BidFX Algo Hub and our customised solution is helping clients reduce transaction costs/market impact, address regulatory and transparency concerns as well as accessing additional liquidity and delivering increased time efficiency. In an increasingly fragmented electronic market Algos are one way we see that can help clients, by giving them tools to address this market, by automating best practices, presenting solutions and reducing time inefficiencies.
For more information on the BidFX Algo Hub and how to access it please contact your local BidFX salesperson email@example.com