BidFX Algo Hub

Photo by gpointstudio/iStock / Getty Images
Photo by gpointstudio/iStock / Getty Images

BidFX Algo Hub bullet points

·        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 sales@bidfx.com

John McGrath discusses the success of BidFX Algo Hub

John McGrath discusses the success of BidFX Algo Hub