ADS Securities Sees Lack of Prime Brokers Stifling Global FX Market Growth
Posted: Wed May 18, 2016 8:25 am
ADS Securities has published an opinion piece where key executives from the company are elaborating on a list of challenges that are apparent before the foreign exchange market a year and a half after the Swiss National Bank (SNB) event has wrecked havoc across the industry.
According to the company, the lack of solid prime of primes has contributed to difficulties for a number of companies that have been seeking a well capitalized entity to clear their trades with. Even worse – the market conditions have opened the market for some unethical companies in the industry that have claimed to have the ... (read more)