Would FXMarketSpace Have Worked in the Current Environment?

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Would FXMarketSpace Have Worked in the Current Environment? – Profit & Loss

It was 10 years ago yesterday that one of the higher profile ventures of recent years in the FX space shut its doors. To me the problems with FXMarketSpace were simple: it attracted the wrong sort of trading firm at the time; it failed to get a netting solution off the ground; and it was too transparent – and by that I mean it was on a hiding to nothing by publishing volumes at such an early stage. But would the FXMS model work now?
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‘I Owe It All to You’: Ex-Trader Decodes FX ‘Cartel’ Tactics

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‘I Owe It All to You’: Ex-Trader Decodes FX ‘Cartel’ Tactics – Bloomberg

Even after a group of British currency traders known as “The Cartel” began to sense their online chats were being watched, they didn’t stop illegally conspiring to rig the markets by using code words, one of them told a Manhattan federal jury.

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Accused UK Traders Were Only Kidding, US Jury Told

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Accused UK Traders Were Only Kidding, US Jury Told – Financial Times (subscription)

Three UK-based bank traders accused of fixing foreign exchange markets through a private chatroom were engaging in a comic back-and-forth to blow off steam and broke no laws, their attorneys said in opening arguments at their trial in New York.

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Tough Question for FX Investors: How Should You Execute That Trade?

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Tough Question for FX Investors: How Should You Execute That Trade? – Greenwich Associates

The Greenwich Report highlights several important findings including the premium FX investors place on access to disclosed dealer liquidity, which is valued more highly than CLOB or non-bank liquidity combined and that firms see post-trade workflow as twice as important as pre-trade analytics.

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