2016 will be the year of the great liquidity unbundling

Regulation and the highly specialised nature of FX will lead to more partnerships

zar-amrolia-xtx
Zar Amrolia, co-chief executive, XTX Markets

Liquidity provision in foreign exchange underwent major changes over the course of 2015, as banks were forced to re-evaluate the overall cost of market-making amid the prevailing regulatory environment, and as products such as spot became highly commoditised and increasingly specialised.

"In the industry, MiFid II will force banks to look at the fully loaded cost of manufacturing FX market-making and be transparent about all parts of the value chain. Some of them will choose not to provide all

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: