When people talk about Single Dealer FX Platforms (SDPs) a large number think about the original platforms, which were bank branded and offered to clients – names like UBS, Autobahn, AVT (remember them?) and Reuters RET
Two years after its introduction in 2017 the FX Global Code (FXGC) has become a defining characteristic of the FX market, and with the amount of data that flows through banks on a daily basis it’s no wonder suspicious behaviour can occasionally fly under the radar.
The Emerging Markets Foreign Exchange (EMFX) ecosystem is moving away from its traditional reliance on voice trading, driven by APIs, aggregators, and algos. Companies like R5FX are leading this change by supplying online exchange marketplaces for EM trading.
The move from phone to digital means more and faster access to emerging markets, greater transparency, and ultimately more market liquidity.
Combination follows period of tremendous growth across Broadway’s FX and Fixed Income business and brings customers improved automated workflows and proven technology expertise