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View Full Version : Hierarchy of Participants in Decentralized Market



oussama94
05-28-2017, 19:27
Many banks (small community banks, banks in emerging markets),
corporations, and institutional investors do not have access to these rates
because they have no established credit lines with big banks. This forces
small participants to deal through just one bank for their foreign exchange
needs, and often this means much less competitive rates for the participants
further down the participant hierarchy. Those receiving the least
competitive rates are customers of banks and exchange agencies.