Skip to content
Subscriber Only

Humans Are Becoming Less Important in the World's Biggest Market

  • More automation planned by 94% of FX trading heads: survey
  • Trend comes as market faces fallout from rigging scandals

The $5.1 trillion-a-day currency market is losing its human touch.

That’s the conclusion of trading and foreign-exchange heads surveyed by the organizers of the TradeTech FX conference in Miami. Of the 100 North America-based respondents, 94 said they aimed to automate more of their foreign-exchange trading operations in the next three years.