AlgoTrader tool helps minimise currency risk

AlgoTrader, a provider of broker-neutral, multi-asset-class algorithmic trading services, has implemented a new function in its SpreadHawk execution management system to help traders hedge currency exposures.

First Published by e-Forex News: April, 2010

AlgoTrader, a provider of broker-neutral, multi-asset-class algorithmic trading services, has implemented a new function in its SpreadHawk execution management system to help traders hedge currency exposures. Using the new functionality on the SpreadHawk EMS, traders can manage currency exposure on cross-currency pairs trades automatically and in real time. Automating this process, says AlgoTrader, reduces costs and eliminates time-lags, thereby increasing both the frequency and the profitability of potential risk-arbitrage opportunities.

AlgoTrader tool helps minimise currency risk