FX Committee Studies Impact Of Electronic Broking Services
DEALING & NETTING
The impact of electronic brokerage services on the FX market is still ambiguous for many market players, according to initial findings of a survey by the US FX Committee designed to determine the extent of the services' popularity. The FX Committee advises the Federal Reserve Bank of New York on FX market-related issues.
One of the aims of the market structure sub-committee, which has undertaken the project, is to evaluate what long-term effects these services could have on volume, turnover
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