Also called the Ripple Transaction Protocol or Ripple protocol.The company also offers FX Market Making, a solution enabling enterprises to gain access to cross-currency liquidity through a distributed network that allows foreign exchange to be externally sourced from a competitive FX marketplace or an internal
FX trading desk.
Not exact matches
In the US, the Volcker Rule has caused banks to shut down their proprietary
trading desks, while provisions of the Dodd - Frank Act are causing big
FX banks to stop making markets in currencies and to act simply as agents for their customers.
The bank's 10
trading desks around the world execute more than 14,000
FX transactions daily.
In reality,
FX broker / dealer
trading desks exist to
trade against their «book», aka the collective sum of all clients as an aggregate.