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Fastest guys in stocks are becoming a force in currencies

Electronic market makers have more than tripled foreign-exchange volumes over the last three years
Wednesday, September 14, 2016 - 05:50

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Following the UK's vote to leave the European Union, computerised traders got to prove their mettle as activity surged across venues run by Thomson Reuters Corp, Bats Global Markets Inc and FastMatch.

New York

HIGH-SPEED electronic market making, already widespread in stocks, is getting a grudging welcome from currency markets. They don't have much choice.

Algorithmic traders have more than tripled foreign-exchange volumes over the last three years, seizing opportunities as Wall

sentifi.com

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