Asset managers hope for common FX tape
Monitoring and ensuring liquidity providers adhere to their own disclosure is difficult, but must be done
Asset managers are increasingly relying on their own data analysis to measure and gain insight into the execution of their trades, but some would welcome a standardised foreign exchange tape to improve their execution and decision making, panellists at the 17th annual FX Week Europe on November 29 in London revealed.
“One of the great enhancements I would love to see in the market is that we get a common FX tape,” said Nick Wood, head of execution at Millennium Global Investments.
While
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