Dealers divided over paring FX spot venue connections

Foreign exchange liquidity providers are split over whether to follow in Citi’s footsteps and trim the number of platforms they connect to. While some dealers are looking to cut down on connections, others say they will continue to offer liquidity where clients want to trade.

“We can be firm in saying that this is not a strategy we will be following. Given our technology and analytics capabilities, our approach is to meet clients where they want to meet us,” says Ciara Quinlan, head of