Relative to equity markets, FX trading has held on to its “wild west” reputation. But according to ITG’s Sean Hefkey, that may all be part of the past in light of the up-and-coming FX agency model. Traditionally FX trading has been bundled with a credit relationship but that’s no longer necessary. Now the buyside has the tools—and the control—to conduct more cost-efficient FX transactions.
Rise of FX agency model puts a partner in the buyside’s corner
Read the original article at ITG's Smart Liquidity