Venues & Feeds
Where liquidity lives: the platforms, intermediaries, and market structures that connect buyers and sellers in FX.
ECN Platforms
Electronic Communication Networks: how multi-dealer platforms aggregate liquidity and match orders anonymously.
Prime Brokers & Prime of Prime
The credit intermediation layer: how PB and PoP models enable smaller participants to access institutional liquidity.
Exchanges vs OTC
Structural differences between exchange-traded FX (futures) and over-the-counter spot/forward markets.