A new algorithm splits a difficult currency trade into two more liquid ones.
TradeSmart platform will include Legger, a fixed income and futures algo from Quantitative Brokers.
FX traders needs more transparency and tools to deal with venue fragmentation.
Algos can now be tested for MiFID II compliance.
Liquidnet's latest algo searches for mini-blocks.
MiFID II regulations will bring new best execution requirements.
However, the fund declines to provide it.
Algorithm leverages machine learning to find inter-listed liquidity.
Buy-side wants new and better ways to find block liquidity.