FX Week Forum: Dodd-Frank and electronic platforms

Joel Clark with Kathy Alys and Robert Mackenzie Smith

 

Foreign exchange prime brokers and FX intermediaries have faced a number of challenges as a result of the external business conduct standards in the Dodd-Frank Act, resulting in most agency desks being forced to offer only spot over the past three months.

 

Meanwhile, market participants have also been voicing concerns over the pricing models employed by numerous foreign exchange platforms, complaining that fixed costs can be punitive and there should be greater transparency over how

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