E-Forex: Why you need Independent Data to Differentiate between Execution Processes

When measuring in FX, an Independent Benchmark makes all the difference.

The emergence of independent mid-rates has made price opacity optional. To paraphrase Gibson, a fair and efficient FX market is already here, it’s just not evenly distributed yet. Let’s establish what makes a mid-rate independent and then examine how independent mid-rates are being employed in a number of different market solutions to distribute the benefits of price transparency beyond market insiders.

Read the article here. (requires subscription to E-Forex)