Firms today face a challenging global foreign exchange (FX) market environment that remains fragmented and extremely competitive. All market participants - buy-side firms in particular - are under ...

The forex market is decentralized, as all trades are placed and processed online. Several forex brokers use automated electronic communications networks (ECNs) for trading, as they directly match buy ...

After the New York Stock Exchange (NYSE) acquired the Archipelago Exchange and Nasdaq Stock Market acquired the Inet trading venue from Instinet in the first quarter of last year, Wall Street all but ...

A group of FX electronic communication networks (ECNs) and market makers are working together to create a central tape for FX, modelled on a similar project for US equities, which they hope will ...

Washington—Electronic communications network (ECN) operators defended themselves before Congress last week, pointing to their economic advantages, while critics said they skirt the law. ECNs are ...