Peer-to-peer (P2P) matching is one of the more utopian concepts in the forex world. Real-money buy-side firms like money managers, corporations, and pension funds — who don’t speculate on FX — would see their spot FX positions matched against each other on an anonymous platform, with banks and predatory fast-money firms excluded from the liquidity pool.
Buy-siders largely support this idea, but the practicalities of placing and matching orders on these platforms have made it
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