{"id":1801,"date":"2013-02-02T22:02:39","date_gmt":"2013-02-02T13:02:39","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=1801"},"modified":"2013-02-03T22:04:07","modified_gmt":"2013-02-03T13:04:07","slug":"institutional-investor-january-31","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=1801","title":{"rendered":"Institutional Investor (January 31)"},"content":{"rendered":"<p>\u201cA platform war is intensifying in the global foreign exchange market, with more than half a dozen entrants jumping into the space in the past few months. It&#8217;s still too early to know which platforms will emerge as winners, but the proliferation of venues is already sparking declines in already-low trading costs, with banks earning less on each trade, in a situation similar to what\u2019s happened in equity markets over the past decade. One banker estimates that revenue per trade has dropped by about 9 percent over the past year through a narrowing of bid-offer spreads.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cA platform war is intensifying in the global foreign exchange market, with more than half a dozen entrants jumping into the space in the past few months. It&#8217;s still too early to know which platforms will emerge as winners, but the proliferation of venues is already sparking declines in already-low trading costs, with banks earning [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[85,1105,547,1938,624,1939],"class_list":["post-1801","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-banks","tag-equities","tag-forex","tag-platform","tag-revenue","tag-trading-costs"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1801"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1801\/revisions"}],"predecessor-version":[{"id":1804,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1801\/revisions\/1804"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}