FX liquidity providers are divided on whether to follow in Citi’s footsteps and limit the number of platforms they connect to. While some dealers are trying to limit connections, others say they will continue to offer liquidity where clients want to trade.

“We can be certain that this is not the strategy we will follow. Given our technology and analytics capabilities, our approach is to meet clients where they want to meet us,” says Ciara Quinlan, head of department