
FXMS reveals profit-share plans
The scheme, dubbed JumpBall, will run from January 15 to September 30 next year. Trading firms with the highest average daily volumes (ADV) in that time will receive a share of the platform's profits for up to four years.
"We spent all of this past year building up the number of customers that we have live on the platform, and the next imperative is to build a tighter and deeper central limit order book," said Rick Sears, president of FXMS in London. "This was what we thought to be not only the