Best non-bank market maker: GSA Capital
GSA Capital's Alex Gerko calls for stricter monitoring of market-makers
Traditional bank market-makers continue to dominate currency trading, but non-bank market-makers have been gradually gaining ground and respectability since the financial crisis.
Differences between bank and non-bank liquidity providers is a topic that continues to invite passionate opinion, but one that is increasingly irrelevant for price takers who crave good-quality liquidity from whomever is able to provide it.
"The distinction between bank and non-bank market-maker is artificial. A trader
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