Electronic emerging market forex execution is subject to liquidity and capital control constraints – but how does EM and G10 FX trading tech differ? And why are banking relationships so important? BNP Paribas Global Head of e-FX Sales, Joe Nash, shares his thoughts with e-Forex.
"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