Paddy Osborn
Paddy Osborn

Flexible delivery of FX market data & technical analysis

Paddy Osborn analyses the pros and cons of service distribution and examines developments that will shape the future delivery of FX market data and technical analysis.

First Published: e-Forex Magazine 24 / Retail Forex Client / July, 2006

Banks, funds, corporations and private investors receive FX Market Data and Technical Analysis services via a variety of technologies. Paddy Osborn analyses the pros and cons of service distribution and examines developments that will shape the future delivery of market data and technical analysis.With the technology at their disposal, banks should not lose sight of their ultimate goal; enhancing shareholder value. The FX revenue stream may be split into two broad categories; proprietary (risk-taking) trading, which involves significant p&l swings, or servicing a Client Franchise, which is relatively risk free and provides stable – if not always greater - revenues. Most banks combine these two areas, with the Var element changeable and usually dependent on the quality of earnings from franchise.There are three ways in which banks try to differentiate themselves to attract and retain customer business:1. PriceGiven the power of modern dealing technology, vanilla FX pricing has become commoditised and...continued

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