The new language will support algorithmic trading, reducing the deployment effort required to rollout new order types, say FPL officials. Broker-dealers will be able to specify algorithmic order types ...

According to Mercer's 2024 AI in Investment Management global manager survey, 91% of asset managers either currently use AI (54%) or plan to use it within their investment strategy or asset-class ...

The FIX Trading Community, the industry association that manages the world’s trading language, the FIX Protocol, has launched a working group to examine issues and opportunities around 24-hour trading ...

Algorithmic trading, often called algo trading, has quietly transformed the way financial markets operate. What was once the domain of large global hedge funds and investment banks is now increasingly ...