At Profit & Loss Dial-in Day Frankfurt, Colin Lambert, managing editor, spoke to David Mercer, CEO of LMAX Group about the true cost of trading in FX markets. In a lively conversation Mercer outlines guidelines for understanding the truecost of trading and along the way talks about the opportunity cost of hold times, the value of firm liquidity in terms of price improvements and what he terms “the golden child” when people are – sometimes erroneously – making their liquidity provider selections; spread.

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Colin Lambert

Colin Lambert