As FX trading becomes increasingly automated, both buy-side desks and liquidity providers are looking more closely at the factors that shape liquidity quality and execution outcomes. Differences in quote timing, last-look practice, consistency of pricing, and routing choices (including skew safety) can all influence fill rates and access to genuinely differentiated liquidity across venues.

This session will examine how traders assess liquidity using practical data points- such as markouts, fill behaviour and rejection pattern- and how LPs manage their pricing and quoting processes to support stable and predictable execution. Speakers will explore how execution tools and workflows are evolving on both sides, how firms balance speed and certainty, and where sensible improvements in transparency and pricing practices could strengthen access to high-quality liquidity.