Finance

Algos Are ‘Dominating’ Buy-Side Currency Trading, Report Says

Currency traders’ increasing reliance on algorithms is sparking a debate about the merits of traditional banks versus independent firms in the $9.5 trillion-a-day foreign-exchange market, a new report says.

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Bloomberg
April 28, 2026·1 min read
Algos Are ‘Dominating’ Buy-Side Currency Trading, Report Says

Image: Bloomberg

Currency traders’ increasing reliance on algorithms is sparking a debate about the merits of traditional banks versus independent firms in the $9.5 trillion-a-day foreign-exchange market, a new report says.

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Algos Are ‘Dominating’ Buy-Side Currency Trading, Report Says

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