Multi-Bank FX Platforms More Ubiquitous, Less Popular

They expect better fill ratios, better execution speed, and straight-through processing. They want immediately available notifications and status updates on desktops and mobile devices. Relationships are still important even as voice-trading fades, so when a problem is encountered, they want to be able to call their market-maker and get it resolved.
James Taylor, global head of FX e-distribution at JPMorgan, says clients have been increasingly turning to the banks for advice on how to properly
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