Eurex optimistic over forex venture
NEWS
"The structural change in the market over the past few years has led to a rapid change in the customer environment," said Nandapurkar. "Distinctions between the buy and sell side are becoming less apparent, and both markets are gradually moving towards an exchange model."
Although facing competition from the likes of spot broker EBS and the Chicago Mercantile Exchange (CME), who experience average daily trading volumes of $110 billion and $40 billion respectively, Nandapurkar views the FX market
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