Part fills add to liquidity woes and sharp price moves
Not trading in full amounts makes market-making harder and more expensive for clients, say market participants
Part fills are exacerbating sharp shock moves in currency markets and contributing to the repricing of liquidity, as market-makers are being forced to price in the probability and potential penalty they may have to pay if gapping occurs.
Liquidity conditions have been posing problems to sell-side market participants and customers, whose ability to find suitable liquidity is diminishing, and prices are rising as a result. Sharp, short price moves have also become common, so it is extremely
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