E-platforms must expand product range or lose out, say banks

Single-dealer electronic commerce platforms should diversify into non-standard products that can't be cleared or traded through a swap execution facility (Sef) if they want to secure lucrative revenue streams under new regulations, according to participants in a recent webinar hosted by Waters Technology, FX Week's sister publication.

"If we want a future for our platforms, the effort has to be on extending that product range. I think that is where a lot of us are going to be focusing our