Overcrowded market for forex options platforms will lead to consolidation

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The emergence of new multibank trading platforms for foreign exchange options over the past year has sparked a great deal of interest among market participants, but some believe the space is now becoming too crowded and consolidation of platforms will inevitably come to pass.

With more than six providers competing for market share in the lucrative new business, and more likely to join in due course, there is more pressure than ever on the platforms to ensure they are genuinely adding value over

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