A look at the rise of algorithmic trading in currency markets: ~50% of hedge funds are using the tech for FX trading in 2024, up from 22% before the pandemic (Bloomberg)

Bloomberg:
A look at the rise of algorithmic trading in currency markets: ~50% of hedge funds are using the tech for FX trading in 2024, up from 22% before the pandemic  —  With machines now handling more than 75% of the trading in some FX markets, the giants of Wall Street are racing to make sure their systems are ready.

from Techmeme https://ift.tt/U9qJycs