Earlier this year Deutsche Boerse snapped up FX trading platform 360T for €725m
With competition in foreign exchange a
long-running market theme, the space is garnering increased
interest from exchanges, with the latter keen to tap the volume
and client opportunities, through the acquisition of trading
platforms or building their own offerings.
Competition can be an encouraging
development for clients, what does the latest trend of
exchanges turning their heads to foreign exchange mean for the
migration of FX onto exchange?
While not compulsory to trade FX on
exchange, the capability is seen as a 'nice to have' at the
moment, so this trend is a real opportunity for firms to tap
foreign exchange trading, and can be approached in a number of
ways, according to market sources.
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |