Back in 2017, exchanges spent hundreds of millions acquiring FX firms and lobbying regulators to try to trip up the CFD companies. Now, the exchanges are nowhere to be seen and the FX brokers are doing good business, signaling a renaissance for OTC trading 2020 may well have been something of a blur, however one thing that has been overlooked and consigned to the annuls of memory is the attempt a few years ago by large global exchanges to lobby the regulators and acquire non bank FX market makers in order to force retail FX onto exchanges. Where has this direction gone, after hundreds of millions of dollars of … (full story)
