Exchanges to rethink FX, plus exits in PB and NBLP to come
FXSpotStream chief executive expects a resurgence from banks next year
Exchanges could be set to rethink their acquisition strategies in foreign exchange after the election of Republican Donald Trump, who has already floated the possibility of rolling back some of the post-crisis rules that have raised the regulatory burden for US market participants and triggered an inflow of exchanges into currency markets in anticipation of clearing taking off.
"A number of exchanges have been out shopping for FX platforms as a way to potentially benefit from developing FX
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