Morgan Stanley Unveils VWAP for Forex

Morgan Stanley announced this morning the rollout of an over-the-counter algorithmic trading platform that provides institutional investors with “flow-weighted average pricing in currencies.” Morgan Stanley Fix, which the firm describes as V-WAP for FX trading, is designed to minimize the chance of trading on extreme prices within an execution window, the company said.

Learn More: http://www.forexstreet.net/profiles/blogs/institutional-forex-morgan

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