Good news from FXMarketSpace

I mentioned to an old mucker, who is head of FX at what could be termed a regional bank, that FXMS suddenly seemed to be doing quite well in EUR/JPY. “It’s the cheapest way of pumping up the volume. It’s probably some local bucket shop doing the arb between EUR/USD, USD/YEN and EUR/JPY,” was his, even by my standards, very cynical response.

I do try to be impartial, I really do. But sometimes I feel that my life is sometimes made unnecessarily difficult. Most frequently, this is as a result of my own behaviour and readiness to jump to conclusions. Anyway, for some reason I have become a little bit obsessed by FXMarketSpace (FXMS), the fledgling 50/50 joint venture owned by the CME and Reuters. I say for some reason because it seems my obsession is not shared by my readers.

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Good news from FXMarketSpace

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