First P2P trade completed on Siege FX
Risk.net Dark pool aims to match algo orders among its 30 buy-side clients Print this page Buy-side currency traders have a new way to dodge market impact after the first live trade was executed this month on peer-to-peer matching service Siege FX. The service aims to match a portion of buy-side foreign exchange orders against each other once they have been sliced up by execution algorithms. The question is whether the service can attract enough buy-side clients to deliver those matches quickly and predictably. “We want to be attractive to the buy side and have their orders p...
Source: risk.net