US Department Of Justice Continues Anti-Trust Probe Into Atriax And FXall

NEWS

WASHINGTON -- While the CFTC begins the task of regulating the retail FX market, the US Department of Justice continues its anti-trust investigation into online exchanges for larger customers.

The investigation, which includes proposed banking-consortia-owned FX portals FXall and Atriax, centres on concerns that bank-owned systems could collude to fix prices or spreads.

But both Phil Weisberg, chief executive of FXall, and Dan Morehead, chief executive of Atriax, have told FX Week these fears

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