Shifting sands
The e-FX landscape looks to be shifting, with two new product launches and the proposed acquisition of EBS by interdealer broker Icap announced in the past two months. What impact will this have on the competitive electronic trading market? Clive Davidson reports
Electronic trading of foreign exchange continues to grow strongly, although the landscape is changing. Of the two major electronic forex trading platforms, one has changed hands, with the acquisition by interdealer broker Icap of EBS, while the owner of the other, Reuters, has announced a new platform in conjunction with the Chicago Mercantile Exchange (CME).
Meanwhile, Citigroup-owned trading technology provider Lava Trading plans to launch a platform later this year that it claims will leapfrog
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