DislikedThanks for the explanation. So it's not a true market because you are dependant on the banks to give you a price.
It's better when you can see other retail orders on the book because many times you'll get a better price than the banks.Ignored
Give me aggregated liquidity with 15 banks any day over relying on retail punters to put in bids and offers.
If LMAX or MB trading have only a few banks supplying liquidity.. expect erratic pricing when you need the liquidity.