Banks brace for algo trading boom in 2008
What will the greatest technological challenge be for e-FX dealers in 2008?
Ian Green, head of e-FX, Credit Suisse:
The primary challenge for each e-FX dealer is to figure out where its distinctive expertise lies. Trying to be everything to everyone is increasingly complex and expensive, and for many e-FX services there are really only a few credible names. As the e-FX market matures, the profitability of generalists will come under intense pressure.Jon Healey, head of e-commerce FX EMEA, HSBC:
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