Reactive Markets Chief Revenue Officer, Henry Durrant was recently interviewed by Alice Atkins for Bloomberg. In the resulting "Big Take" feature, "Traders fear Global FX market may be less liquid than it seems", we were pleased to see Alice shining a light on some of the hidden costs of older and slower technology, and the impact those costs have.
Henry was quoted as saying,
"Reactive Markets found that [other] platforms on average limit liquidity providers to sending around five price updates per second for G-10 currencies, even thought those firms may update prices up to 350 times per second in volatile markets. This can result in trade rejections on the basis that quotes have become stale."
Read the full article here:https://www.bloomberg.com/
