LMAX Exchange
Regulators fail to address key issues in FX, participants say
While they see some positives they believe there's still oo many practices open to abuse
LMAX throws down the gauntlet to UK regulators
Exchange finds clear evidence that the market should be rules-based and move to execution-only venues
Breaking down the barriers
With parts of the over-the-counter FX market acquiring exchange-style characteristics, the exchanges themselves are becoming more customised