Bilateral streaming relationships set to grow, say LPs
FX Markets Europe: More clients are embracing APIs to access bank liquidity directly
Foreign exchange liquidity providers (LPs) say they are seeing increasing demand from clients to trade on bilateral streams instead of the traditional request-for-quote (RFQ) protocol.
Bilateral streaming via application programming interfaces (APIs) has become an important way for dealers to pipe their prices directly to a client without entering into competition with rivals and leaking trading intentions to the market.
“Bilateral relationships are only getting stronger and continue to grow
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