Skip to primary content material
Research finds EUR/USD spreads widened eightfold as non-bank PTFs blew out by almost 30 occasions in November halt
The November 28 failure of a Chicago information centre that knocked out CME Group’s international alternate venues for roughly 11 hours uncovered the reliance of the market – significantly non-bank market-makers – on futures pricing and liquidity, a brand new examine by the Swiss Nationwide Financial institution has discovered.
Foreign money pairs with actively traded CME futures contracts and whose main buying and selling venue is CME-owned EBS Market suffered the worst deterioration, with bid/provide spreads widening by as much as eight occasions. Pairs routed
Solely customers who’ve a paid subscription or are a part of a company subscription are in a position to print or copy content material.
To entry these choices, together with all different subscription advantages, please contact data@fx-markets.com or view our subscription choices right here: https://subscriptions.fx-markets.com
You’re at present unable to print this content material. Please contact data@fx-markets.com to search out out extra.
You’re at present unable to repeat this content material. Please contact data@fx-markets.com to search out out extra.
Copyright Infopro Digital Restricted. All rights reserved.
You might share this content material utilizing our article instruments. As outlined in our phrases and situations, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised Person could solely make one copy of the supplies for their very own private use. You need to additionally adjust to the restrictions in clause 2.5.
If you need to buy extra rights please e mail data@fx-markets.com
Most learn articles loading…
Again to High
It’s worthwhile to sign up to make use of this characteristic. Should you don’t have a FX Markets account, please register for a trial.
Sign up
You’re at present on company entry.
To make use of this characteristic you will have a person account. When you’ve got one already please sign up.
Sign up.
Alternatively you’ll be able to request an indvidual account right here:
