Refinitiv, the parent company of the FXall trading platform, said it has seen a 41% year-over-year increase in the use of its execution algorithms by buy-side clients. FXall is a multi-dealer platform for FX trading that has traditionally been used for multilateral and bilateral request-for-quote (RFQ) prices, but clients increasingly demand more automated execution capabilities. Banks who provide liquidity on FXall can offer their algorithms to clients via the platform. Refinitiv states that FXall gives its buy-side clients access to a total of 150 execution algorithms via 22 bank algo providers. According to Refinitiv, FXall offers clients access to deep liquidity with choice in execution, end-to-end workflow management and straight-through processing (STP) – covering the entire trade lifecycle. FXall has a client base of over 2,300 clients and 200 leading FX banks and alternative market makers.