A look at the rise of algorithmic trading in currency markets: ~50% of hedge funds are using the tech for FX trading in 2024, up from 22% before the pandemic (Bloomberg) https://bit.ly/4cURDPi
Bloomberg:
A look at the rise of algorithmic trading in currency markets: ~50% of hedge funds are using the tech for FX trading in 2024, up from 22% before the pandemic — With machines now handling more than 75% of the trading in some FX markets, the giants of Wall Street are racing to make sure their systems are ready.
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