Forex infrastructure providers testing for eurozone worst-case scenario

Panellists at FX Week Europe discuss the implications for the forex market of a possible exit of one or more eurozone members from the single currency

Key infrastructures in the foreign exchange market have been testing their platforms to ensure they are ready for a possible break-up of the eurozone, but the challenge is the lack of clarity on the likely outcome of the current crisis, according to speakers at sister publication FX Week's FX Week Europe conference in London last week.

For instance, interdealer broker Icap, which operates the EBS spot-trading platform, has contingency-tested the possible return of the Greek drachma in currency