Others are pursuing a strategy which could be called “rent my algo”, where a firm provides access for a fee to an algorithmic trading tool to directly execute their fixing transaction in the fixing window.
This in turn, leads me to another of the recommendations of the report, namely that banks should establish separate processes for handling and executing their fixing orders from other  1  These recommendations were contained in a report published by the FSB that is available at <http://www.financialstabilityboard.org/wp-content/uploads/r_140930.pdf>. 2  The progress report is available Benchmarks-progress-report.pdf>.