Adoption of execution algorithms by buy-side traders on Refinitiv’s FXall platform increased by 41 percent year-over-year in the second quarter of 2019.

Attracted by the potential benefits of bank-provided execution algorithms, buy-side traders are increasingly folding algorithms into their menu of execution options alongside more traditional methods such as multi-dealer request-for-quote (RFQ) and bilateral streams of executable prices.

Wealth management fintech Finantix has appointed Jérôme Vasamillet as a business development director as it expands its presence in...