Part 3/6:
Denham stressed that the issues affecting the FX market were not solely linked to liquidity but also to the efficient deployment of funds. The FM system has effectively brought transparency to the market, facilitating a better balance between buyers and sellers. Notably, the recent trading session saw an impressive contrast, with total offers reaching approximately $26.5 million against a mere $2.5 million in bids, showcasing the increasing number of suppliers in the market.