Greenwich flags top market structure themes for 2015
Consultancy sees new benchmark providers entering the space
A fight for continuous FX benchmarks, increased competition among instant messaging providers, advances in clearing non-deliverable forwards (NDFs) and unbundling research costs are likely to be a few of the main market structure themes this year, according to financial consultancy Greenwich Associates.
Kevin McPartland, head of research for market structure and technology, says the focus in the FX benchmarks scandal will shift away from what traders may or may not have said in electronic chat
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