Franck Mikulecz, the managing director of FXCH, recently took part in FX Week’s 2016 program held in New York. Franck and others discussed the shifting liquidity landscape in the FX market during one of the panels.
As large banks increasingly concentrate their resources on a select few clients, many market participants have suddenly found themselves without prime brokerage. They have been forced to turn to less reliable and less competitive lower level liquidity providers. But through the use of Blockchain technology and the futures clearing model, FXCH can provide reliable clearing services without keeping billions of dollars on reserve, while also offering unbeatable pricing.