FX Liquidity to Diversify

In the coming years, FX liquidity increasingly will be found in nontraditional sources.

Back-Office Consumerization & the Evolution of the Broker-Dealer

By Nick Fera, Firm58 The recent closing of the Chicago Mercantile Exchange’s open outcry pits heralds the end of the traditional broker-dealer. High-frequency trading, in-house…

Non-U.S. Brokers Eye U.S. Buy Side

Broker-dealers in Turkey, India and other nations around the world would love to sell research and trading services to large U.S. buy-side institutions. This is…