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Do the new regulations create reluctant market makers?
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Do the new regulations create reluctant market makers?
LMAX Exchange CEO, David Mercer, comments that despite new regulations it is uncommon for market makers to be reluctant in the FX market. David states incentivising market makers is still yet to be encountered in FX and currently the difficulty could be perceived as the onboarding of buy side clients.
David Mercer, LMAX Exchange CEO, shares insights.
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 116.639 | EURUSD 1.24501 | EURJPY 145.201 | AUDUSD 0.87093 | NZDUSD 0.79209 | USDCAD 1.13076 | EURCHF 1.2013 | USDCHF 0.96492 | GBPUSD 1.56413 | EURGBP 0.79603 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              116.79 | 116.425 EUR/USD            1.24765 | 1.2442 EUR/JPY              145.50 […]
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UK CPI, German ZEW Digested in Tuesday Trade
While we have seen attempts at recovery in currencies over the past several days, the US Dollar is still very much in the driver’s seat, trading just off yearly highs across the board. UK CPI, German ZEW, and US PPI are the key standouts for Tuesday,…