Celent study (summary available) on the ‘electrification’ of FX markets.
Summary of findings:
Algo trading, non-dealer and retail have driven ave ticket size down from $4.3mln in 2004 to $1.8mln in 2010, and number of daily trades up from 86k to 498k.
Single Dealer Platforms continue to gain in popularity due to greater speed and reliability of trade execution. Continue reading
Filed under: FX | Tagged: etrading, FX, single-dealer platform | Leave a comment »