The electronic communications network (ECN) for foreign exchange trading FastMatch has sent out a notification to its clients that the company is reducing a number of fees it has been charging to its clients. In an aggressive push consisting of two complementary steps, the company is looking to expand its market share.

A year after the Swiss National Bank shock hit FastMatch due to its close association with FXCM Inc (NYSE:FXCM), both companies have recovered market share. Moreover, Fastmatch has pioneered a mandatory symmetrical last look practice on its ECN, which could be a key step to retain ... (read more)