Gerald Segal is a Managing Director at LeapRate, which provides analysis of the Online Forex Trading world. Gerald's reports are a leading source of information on the size, growth and regulation of the Online Forex industry. Prior to founding LeapRate Gerald was an investment banker for 18... More
FXCM and Credit Suisse base FastMatch on CS's Crossfinder.
It seems as though the Forex ECN business is getting crowded. At a time when incumbents such as Hotspot FX, FXall and ICAP-EBS are having a tough time growing volumes, we recently saw new entrants crop up, including traFXpure (backed by France's Tradition) and MoltenFX. Today comes news that FXCM and Credit Suisse are introducing a new business called FastMatch, which will be based on Credit Suisse's existing Crossfinder matching engine, used primarily today for equities.
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Is The Forex ECN Market Getting (Too) Crowded? FastMatch Latest To Join 0 comments
FXCM and Credit Suisse base FastMatch on CS's Crossfinder.
For more details see LeapRate's Forex Industry News at leaprate.com.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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