Rise Of Internet-Based FX Trading: Death Knell For Traditional Players?
DEALING & NETTING
LONDON--With EBS now celebrating its fifth year in electronic FX trading, and Reuters' Dealing 2000-2 into its seventh year of operation, just about everyone in the business is aware of the impact these services have had in terms of consolidation in both the banking and broking sectors. But a host of relatively new entrants to the online market have begun to make inroads by way of the public Internet.
Unlike EBS and Reuters, which operate via an expensive closed network, the new companies' use of
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