Forex infrastructure providers testing for eurozone worst-case scenario

Panellists at FX Week Europe discuss the implications for the forex market of a possible exit of one or more eurozone members from the single currency

EU flag

Key infrastructures in the foreign exchange market have been testing their platforms to ensure they are ready for a possible break-up of the eurozone, but the challenge is the lack of clarity on the likely outcome of the current crisis, according to speakers at sister publication FX Week's FX Week Europe conference in London last week.

For instance, interdealer broker Icap, which operates the EBS spot-trading platform, has contingency-tested the possible return of the Greek drachma in currency

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here