MarketFactory was featured in an article on FXWeek titled “MarketFactory: Fragmentation, credit innovation and Singapore matching.”
While tie-ups between foreign exchange trading venues continued in 2018, and are likely to persist this year, there are no fewer FX trading venues in the industry than when the trend started a few years ago – and fragmentation is ongoing, says James Sinclair, executive chairman of FX technology platform MarketFactory.
As many of these mergers have taken shape between exchanges and over-the-counter trading venues, fragmentation has not only increased among FX instruments, but since traders now have access to a larger array of tools, fragmentation has spilled into other assets classes.
“Fragmentation is taking on a new dimension,” says Sinclair. “We continue to see fragmentation in the traditional spot venues, but we are now seeing expansion into other instruments and asset classes.”
Read the full article on FXWeek’s website here.