November 19, 2012 BY Gerald Segal

Too many Forex ECNs?

Several newcomers, added to larger incumbents, all vying for falling volumes. As we've written recently, a number of Forex spot ECN aggregators have popped up in the past year, including tpSPOTDEAL (backed by Integral and Tullett Prebon), FastMatch (FXCM and Credit Suisse), traFXpure (Tradition), and MoltenFX. And this comes at a time when all the major established Forex ECNs…

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