Back to Glossary
General TradingE
Electronic Indirect Trading
Electronic indirect trading involves executing trades through an electronic broker or intermediary platform rather than dealing directly with a counterparty. This method is common in interbank forex markets where platforms like EBS or Reuters Matching facilitate the trades.
Example
“The bank placed its GBP/USD order through Reuters Matching, an electronic indirect trading platform, where it was anonymously matched with another bank's opposing order.”