Why does an established liquidity provider need a £40 million loan? Op Ed
Why does an established liquidity provider need a £40 million loan? Op Ed December 18, 2020 10:57 am UTC, Andrew Saks There is a company in London that has been in business for over ten years, markets itself as a MTF, an exchange and a no last look liquidity provider. How can this be, if it operates a retail brokerage and keeps borrowing money? Would your brokerage be comfortable sending client trades to a triumph of marketing over substance? Back in 2012, the airwaves were full with euphoria across the FX industry as the management team at one particular London-based provider of ‘liquidit...