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Icap navigates turbulent spot market

Company named best broker for spot FX

icap

Managing a spot foreign exchange business in 2014 might well be reflected upon in the future as the toughest year on record. Not only was market volatility in major currencies at a low, leading to a significant drop in industry volume, but there was also the global investigation into misconduct around FX benchmarks, leading to $4.3 billion worth of fines and 30 firms being placed on a remediation scheme by the UK Financial Conduct Authority.

Navigating such an environment while still providing a

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Best Asia FX spot house: UBS

Thanks to its significant investments to boost spot liquidity in Apac, UBS was able to continue quoting competitive prices throughout bouts of extreme volatility in the latter part of 2024 and first quarter of 2025

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