Northern Trust launches FX Algo suite

Northern Trust has announced the launch of a suite of sophisticated foreign exchange client execution algorithms that will allow clients to manage their FX exposure with an enhanced level of control and transparency.

First Published by e-Forex News: June, 2017

Northern Trust has announced the launch of a suite of sophisticated foreign exchange client execution algorithms that will allow clients to manage their FX exposure with an enhanced level of control and transparency. The FX Algo Suite gives clients greater flexibility in how their orders are placed and allows them to access highly competitive pricing through Northern Trust’s innovative liquidity panel which aggregates pricing from a list of leading liquidity providers across the globe. 

“Clients want to be able to minimize uncertainty in their foreign exchange transactions, and Northern Trust is committed to helping them do that,” said Pete Cherecwich, president of Corporate & Institutional Services at Northern Trust. “By giving them the tools to manage their exposure, we have made foreign exchange dealing more efficient and transparent for our clients.”