JPMorgan made a meaningful enhancement to its FX analytics offering with the launch of Algo Simulator.
This new tool allows clients to explore alternative algorithm configurations that may better align with their trading behaviours. By replaying orders using market data under different configurations, the results are adjusted for market impact based on the bank’s pre-trade cost model, offering a more realistic simulation of live market conditions.
The Algo Simulator is offered in two versions: an automated process and an ad hoc option.
Thanks for your interest in Euromoney!
To unlock this article:
