Tag: Agency FX

Agency FX

And Another Thing…

At face value the impending closure of the Bloomberg Tradebook FX venue could be seen as evidence of the growing need for consolidation amongst FX trading venues, but while I tend to agree there is simply not enough sustained volume to go round for all those venues claiming to be institutional FX platforms, I think this closure more represents evidence of another trend.
Actually I use the word “trend” but in reality agency execution in FX has never really got off the ground.