FastMatch to roll out market impact rule month's end
With new matching rules, the platform will use tools that automatically select liquidity providers
FastMatch is to begin including market impact into its matching rules at the end of August, a move that will lead to the automatic selection of liquidity providers that do not move the market, FX Week has exclusively learned.
The platform's chief executive, Dmitri Galinov, says the change is being driven by market participants who have expressed to him that market impact is a growing issue. With regulation causing banks and other participants to reduce their risk taking, clients seeking to do
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