Galinov: exchange clearing is close
If a solution is revealed this year, costs will fall, volumes could rise and another ECN may be gobbled up by an exchange
Clearing and consolidation in the trading platform space are the two themes likely to dominate the agenda in 2017, according to Dmitri Galinov, chief executive of institutional venue FastMatch.
"My biggest prediction is that one of the large exchanges will come out with an inexpensive way to clear FX that makes it very safe and cheap to do so, which is a very positive thing for the market since that will lower costs and it would increase volumes in the overall market," says Galinov.
"We are
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