All the foreign exchange (FX) trading platforms provide levels of anonymity for institutions that do not wish to reveal liquidity and seek to prevent market leakage
Hedge funds progressively adopted and advanced anonymous trading from 2004 to 2008
Advances in scale and volume of anonymous FX trading have continued through adoption of technology that has enhanced the efficiency and reduced the cost of clearing and settlement
These have included relevant regulatory enhancements such as evidencing transparency through improved immediacy of reporting and audit functionality
Relationship FX trading has maintained an effective presence among the conventional asset managers who require advice and consultation as intrinsic elements in the execution of their FX transactions
Foreign exchange, as an asset class, is weathering the global financial crisis better than other asset classes, but FX is also a service
During the crisis, electronic trading has continued to grow in scope, scale, and sophistication