e-Forex magazine
investigates how the stumbling blocks to growth in electronic execution of
emerging market currencies might be overcome and speaks to several market
professionals, including BNP Paribas’ Joe Nash.
“BNP Paribas deploys FX
algorithms that are specifically designed for the EM terrain and take into
account thinner levels of liquidity than those for major G10 currency pairs
such as euro-dollar.”
People assume that you can just take an architecture that works for G10 e-FX and transfer it to a local market FX and that’s not really how it works.
Joe Nash, Global Head of e-FX Sales
