Sellers weigh response to FXGO’s payment plans | Foreign exchange Information
Bloomberg’s determination to introduce brokerage charges on its digital overseas exchange trading venue, FXGO, has brought on concern amongst sellers about potential adversarial results on consumer pricing and sparked conversations about how to reply.
Initially a promoting level for the technology giant’s terminal subscribers, the fee-free coverage is set to finish subsequent 12 months for market-makers on the platform. However with bid/offer spreads shrinking in recent times, sellers say they might have little alternative however to widen
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