Tag: recycling

And Another Thing…

I had an interesting conversation with someone this week about competition in FX markets, specifically how in May, pricing in spot markets on aggregators and multi-dealer platforms become much more competitive. In many circles this is seen as liquidity “normalising” meaning spreads inevitably come in, but I think it also shows something else – the […]

And Finally…

There is still so much “spin” around liquidity, for as we have noted in our In the FICC of It podcast, while the platforms and liquidity providers would have us believe there is no problem, the occasional flash move and, more pertinently I would argue, survey results indicating liquidity remains a very high concern for clients […]