…Curtis Pfeiffer, chief business officer at Pragma, a multi-asset quantitative trading technology provider, said in an email to Markets Media that it is no surprise that there has been an increase in the adoption of FX execution algorithms.
…Pfeiffer says the execution- and order-management systems used by the buy side have increasingly got execution algorithms integrated into their user interfaces.
As Sibos makes its way to London, the global capital for the foreign exchange (FX market), for the first time, Pragma’s Curtis Pfeiffer explores how automation is helping corporate treasurers manage their foreign exchange exposures and ensure alignment with best execution practices.
…Curtis Pfeiffer, chief business officer at Pragma, a multi-asset quantitative trading technology provider, said in an email to Markets Media: “It is encouraging to see…”
…Pragma has just launched an algorithm to trade non-deliverable forwards, derivatives used to hedge exposure to illiquid currencies, especially in emerging markets, according to Curtis Pfeiffer, chief business officer at the firm…
…“It is a significant challenge for systematic circuit breakers to be employed uniformly across the FX market,” says Curtis Pfeiffer, chief business officer at Pragma Securities…
…As a result of the constant — if often inconsequential — moves in the pound, trading sterling has become some 30 per cent more expensive, according to David Mechner, chief executive of algorithmic trading specialist Pragma Securities…
For Curtis Pfeiffer, chief business officer at algo-trading tools provider Pragma, FX teams specifically are not only dealing with bad information, but actually lack some of the data necessary to build machine learning-based trading models.
