Online FX: a revolution in the making

In the robust investment markets of the late 1990s, the advent of multi-bank, dealer-to-client online FX trading was a revolutionary development. But asset managers in that long-distant era of double-digit returns were far more interested in grasping for ever-greater equity gains than in increasing efficiency in their forex execution. Today, in an era of hard-pressed margins, asset managers have woken up to the reduced costs and enhanced efficiency afforded by online FX.

Towards the end of the

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