FX dealers report 70% of spot traded in bilateral feeds, at least four times cheaper than RFQs and venues.
Photo: fxmarkets
The market for spot foreign exchange has largely shifted from traditional trading venues to bilateral streams, where transaction costs can be as much as 80% lower for large trades, dealers claim. Srichakri Adhikarapatti, global head of electronic FX, rates and credit quant trading at UBS, says “upwards of 70%” of the bank’s spot FX business is now traded bilaterally via electronic interfaces known as APIs.
Reprinted from fxmarkets, the copyright all reserved by the original author.
Penafian: Pandangan yang dinyatakan adalah semata-mata dari pengarang dan tidak mewakili kedudukan rasmi Followme. Followme tidak bertanggungjawab ke atas ketepatan, kesempurnaan, atau kebolehpercayaan maklumat yang diberikan dan tidak bertanggungjawab untuk sebarang tindakan yang diambil berdasarkan kandungan, melainkan dinyatakan secara bertulis secara jelas.
Tiada komen lama, mula komen sekarang