Increasing FX Venues Provide Options, Not Volume

ben-ernest-jones-progress-software
Ben Ernest-Jones, Progress Software

In the past year, says Candace Edelyn, more than 10 foreign exchange (FX) venues have been created. What the moderator of a panel on FX trading at the FIX Protocol Limited (FPL) Americas conference wanted to know was, is that increasing liquidity faster than fragmentation, or vice versa?

There has been very little venue consolidation since the early days of the market, notes Ben Ernest-Jones, capital markets solutions architect at Progress Software. "At some point you end up putting more money

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