FX trading online: are banks trading blind?
The past five years have seen a tremendous increase in the proportion of FX traded online, with some banks now looking to do up to 40--60% of client business via e-channels. While online trading has created many efficiencies, it has also brought side effects that require sales teams and traders to modify their working practices.
Traditionally, with business coming in via voice channels, traders and salespeople were aware of each deal being made, as it was made. This gave traders an excellent
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