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FX market price aggregators that take active steps to weed out liquidity providers (LPs) who engage in toxic behavior may see more business, according to a senior banker.
“Those vendors who do. [adopt] sort of self-regulatory structures around the way they provide liquidity, I think they might find they do more trading,” said Chris Chattaway, co-head of global spot G10 and US emerging markets FX delta one trading at Goldman Sachs.
Chattaway
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