If, as many predict, the future of trading and investment is multi-asset, it would seem that a lot of successful platforms will struggle to survive. However, reports of their imminent demise will almost certainly prove premature for several reasons. The first is that while much is made of multi-asset trading, the reality is that most traders, whether on the buy side or sell side, tend to specialize in one product class. It is not as if they walk into their trading rooms, notice that foreign exchange is quiet and so start punting around in equities and fixed income.
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