BidFX adds State Street’s algos to platform

BidFX, a leading cloud-based provider of electronic foreign exchange (FX) trading solutions, has announced that State Street has made its four FX algorithmic strategies available on the BidFX platform

December, 2020

Mary Leung
Mary Leung

BidFX, a leading cloud-based provider of electronic foreign exchange (FX) trading solutions, has announced that State Street has made its four FX algorithmic strategies available on the BidFX platform. Clients can now access State Street’s FX Algo Suite directly on BidFX. Each strategy offers a wide range of flexibility on executions suited to client requirements and trading preferences.
 
Mary Leung, Global Head of Client Algos at State Street commented, “Heightened market volatility caused an unprecedented increase in FX algo volumes back in March, proving that algos are a valuable tool for clients to reduce the cost and increase the efficiency of their execution. With State Street’s unique franchise liquidity, our versatile suite of algorithms are designed to adapt to our clients’ execution style and philosophy, bringing unparalleled value to their performance. As part of our continued commitment to our clients, we’re delighted to expand our algo offering onto BidFX.”