FX’s Biggest Market Takes Another Run at Ditching Phone Trading
The $4 trillion-a-day currency swaps market is trying to break its reliance on dealers picking up the phone, with trading venues looking to automate this stubbornly manual corner of foreign...
By Alice Atkins · Bloomberg Markets
The $4 trillion-a-day currency swaps market is trying to break its reliance on dealers picking up the phone, with trading venues looking to automate this stubbornly manual corner of foreign exchange.