Challenger platforms face first real test as FX markets pick up

Trading platforms jostle for position in the race for volumes

loudspeaker

Foreign exchange trading platforms have enjoyed a boost from a pick-up in volatility since the second half of 2014 and the majority also benefitted from the extraordinary Swiss franc move in January. This change of fortune comes not a moment too soon for both incumbent and challenger platforms, which have been fighting it out for volume over the past three years.

Looking to take advantage of the rise in FX market activity are the class of 2011 and 2012, including the likes of FastMatch, LMAX

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