e-FX Awards: XTX Markets – Best FX Liquidity Provider
The London-headquartered market-maker is expanding to become a global firm
A handful of non-bank liquidity providers have successfully challenged traditional bank dealers in the foreign exchange spot space. And while the largest bank dealers are confident in their ability to face off challengers, banks below the very top rung of FX market-making are feeling the strain of keeping a friendly façade. Things are likely to get worse.
“I would say that six months ago, we were considered to be a London-only shop. By the end of the third quarter, we will be a truly global
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