Fragmentation of foreign-exchange liquidity has increased during the past five years and is set to persist as platform innovation continues and the market structure favours a growing number of trading venues, according to a new industry white paper.
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James Sinclair, MarketFactory |
Author James Sinclair, executive chairman and co-founder of FX trading technology provider MarketFactory, believes the proliferation of venues has been inevitable since the launch of ParFX, a bank-backed currencies platform hosted by interdealer broker Tradition that began trading in 2013.
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