Since the millennium algorithmic trading has been gaining traction and is now widely used by investment banks, pension, mutual and hedge funds, that may need to spread out the execution of a larger order or perform trades too fast for human traders to react to. A study in 2019 showed that around 92% of trading in the foreign exchange market was performed by trading algorithms rather than humans. However, systems that are deployed today are by no means perfect, and the industry is split between those using hardware and those using software. This has created a huge gap in terms of capability and performance. Alastair Richardson, Global Business Development- Financial Technology, Xilinx explains.