Case Study: Market profiling

Working for a buy-side client, we identified the need to better understand currency market nuances when executing trades.

Collaboratively, the execution desk and IT teams sourced internal and external data via our client's electronic communication networks (ECN's) and bank portals. Combining "live" FX tick and historical data, we were able to develop accurate market profiling for currency pairs across time zones.

Using this information, pre and post trade analytics were conducted resulting in the implementation of trading frameworks that significantly reduced execution and slippage costs.

This analysis also proved to be an important first step towards future aspirations for the introduction of algorithmic execution.