Non-bank market-makers stress partnership approach
FX heads towards the Amazon approach
Non-bank liquidity providers will work together with banks to provide market-making services for spot FX, panellists at the 12th annual FX Week USA conference told delegates, while noting the move towards agency execution has boosted the need for banks and non-banks to partner up.
"Recent developments such as the move to agency execution sit comfortably with us," said John Shay, executive vice-president for technology and transaction services at Virtu Financial.
"There will always be room for
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