The new wave

The migration from voice trading to online screen-based trading in foreign exchange is unstoppable, in one product type after another. A lot of this online trading takes place through multi-dealer portals such as FXall, of course, but proprietary single-dealer portals are also a vital source of deal flow for all the major dealers.

The technology used to build these portals has evolved rapidly, and approaches that worked well a few years ago no longer look competitive as a new generation of web

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