Banks and ECNs join forces to prevent FX flash crash

technology arrows

Four leading foreign exchange prime brokers and a number of electronic communications networks (ECNs) are set to join forces with the help of post-trade connectivity firm Traiana to monitor high-frequency trading activity and avoid a possible flash crash in the foreign exchange market.

"We're honoured to play an instrumental role for the forex community in this initiative, and look forward to expanding central credit risk capabilities to new asset classes," says Gil Mandelzis, chief executive of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: