Let Our Algos Do the Work for You
BNY Mellon’s family of FX algos can be deployed to achieve a range of execution and hedging goals that could otherwise be difficult to attain.
Wish to transact a large order without alerting the market? Algos allow you to break larger orders into smaller transactions, minimizing market impact.
With our algos, simple and efficient execution is all in your hands.
Why Choose BNY Mellon’s Algos?
Due to our position as the world’s largest custody bank, BNY Mellon sits at the center of the global currency market, with access to natural uncorrelated FX flows.
Given our unique client mix, our algos can be deployed in a liquidity pool that is frequently uncorrelated to traditional FX dealers and can help clients minimize market impact. Algos are particularly useful for institutional portfolio managers or traders for whom efficiency is a high priority.