Multibank platform providers need to broaden the range of
liquidity options that they offer clients in order to thrive in the diverse FX
market ecosystem, said panelists at Profit & Loss' Forex Network New York conference.
There has been much discussion ...
Thomson Reuters (TR) launched an FX Central Limit Order Book (CLOB) for the Nigerian market, a move that it claims will enhance liquidity in the local FX market there and give the Central Bank of Nigeria (CBN) the tools to foster greater freedom in its financial markets.
In launching the CLOB, TR says it worked closely with both the CBN and FMDQ OTC Securities Exchange (FMDQ), a Nigerian debt capital and FX securities exchange, with the goal of creating an orderly framework for the Nigerian FX market.
Carlo Koelzer CEO of 360T and global head of FX at Deutsche Börse Group, talks to Galen Stops, deputy editor at Profit & Loss, about his plans for building a central limit order book and why central clearing is now a viable method for alleviating credit risk in FX.
Following its acquisition by Deutsche Börse Group last year, 360T informed its clients that it planned to add a central limit order book (CLOB) and futures trading functionality to its platform.