Foreign Exchange Joint Standing Committee E-Commerce Subgroup Report
5 Pages Posted: 27 Apr 2005
This article describes recent developments in electronic trading in the foreign exchange market, based on a report produced by the e-commerce subgroup of the Foreign Exchange Joint Standing Committee. After a brief introduction to e-commerce in the context of the foreign exchange market, it discusses developments in electronic trading, including both single-bank and multi-bank internet-based systems, and explains market initiatives such as 'prime brokerage' and 'white labelling' that have been facilitated by electronic platforms.
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