FX Traders Are Going to Be Hooked on AlgosBy
One in 10 currency traders uses algos: Greenwich Associates
Adoption of trading algorithms seen as a future need
In a few years, currency traders will be hooked on algos like their stock-market colleagues.
That’s the view of David Stryker, a principal at consulting firm Greenwich Associates LLC, who sees foreign-exchange markets following equities in the widespread adoption of computerized trading.