FX platforms encouraged to consider liquidity enhancing pricing models

Driven by calls for greater transparency and equality in pricing, several major foreign exchange trading platforms are rethinking the way in which they charge clients. While there is little consensus over how pricing should ideally be calibrated, many share the view that it could be tailored in such a way that incentivises the provision of a better quality of liquidity to platforms.

In equity markets, some exchanges rebate fees for large amounts of passively traded volume, but Alex Gerko, head