FXMarketSpace always stated that it was going to do this but never got around to it and instead got mired in trying to reinvent the wheel with its spot offering.
However, it should be remembered that things introduced in one market which make it more efficient almost always cross over into other assets. An example of a successful initiative is the Bclear OTC derivatives clearing service, which was launched by Liffe back in 2005. The exchange recognized that the bulk of European equity trading took place in the OTC market and that it was going to remain there.
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