Bloomberg is set to introduce a brokerage fee for all instruments traded on its foreign exchange platform, FXGO, a move that has riled dealers already frustrated with high trading costs.
One of the platform’s selling points was that it could be used free of charge by subscribers to Bloomberg’s ubiquitous terminals. According to four sources familiar with the plans, fees will be introduced next year for market-makers on the platform.
Firms that trade FX derivatives via Bloomberg are already charged
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, Read More