Banks mull whether to stick or twist with SDPs
Fewer providers are going all-in on single-dealer platforms, as consolidation and outsourcing are on the cards
Banks operating single-dealer platforms (SDPs) are grappling with mounting challenges, including the costs of maintaining their offerings in a crowded field.
More client types, such as corporates, feel compelled to execute a wider range of foreign exchange trades on platforms where they can put multiple dealers in competition with each other.
This has sparked discussions within the industry about the long-term future of SDPs and whether banks can justify investing in them, given what they regard
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