Leading asset managers are building low-touch, multi-asset trading desks to deliver automation wherever possible. Building automation into the trading process requires the asset manager to define best practices around volume, asset class and timeliness of liquidity, then building appropriate rules into the execution process. John Adam, global director, Portfolio Management…
Automated trading
How to build automation into your FX workflow
The ‘nuisance’ trades that asset managers have to handle in foreign exchange create a complex web of orders for long-only firms. Advancing their FX trading capabilities in order to improve the timing and costs of trading through automation can create real efficiencies. However, bringing automation into the workflow requires trust,…
FX liquidity is changing, be careful
The timing of foreign exchange trades, their market impact and explicit costs must all be considered by asset managers’ trading teams, as they try to optimise investor returns. While banks are reducing their risk appetite, they are showing clients greater transparency on executable prices on-screen, clearing the risk rather than…
Could trading become fully transparent?
Total transparency might intimidate some traders, but honesty creates better performance, says Paul Squires, head of trading EMEA equities and Henley fixed interest at Invesco. Data analytics is a crucial skill for tomorrow’s traders, and increasingly importance in building confidence amongst investors, portfolio managers and the trading team itself, where…
Integrating automation within your primary market operations
By increasing the level of automation that traders and portfolio managers can access in primary markets, asset managers can increase engagement and access to allocations. This requires careful alignment of systems, counterparts and data flows. In this video, the third in a three-part series with Herb Werth, managing director at…
Government Bonds: Autoexecution vs Autotrading
Autoexecution of government bond trades can reduce risk and cost for investors, but is only available in a few markets. Traders need to take account of liquidity and investment goals to assess when auto-ex, auto-pricing and non-competitive trades best serve investment goals. In January’s show, David Scilly, head of fixed…
Corporate bonds: How to automate trading for better returns
Automation of corporate bond trading is small but growing, with investment grade instruments – particularly in the US – leading the way.