BestX RFQ Par Introduces a New Way to Look at Hit Ratios
The relationship between sell and buy side in FX markets has been eased in recent years by the advent of better data and analytical tools, however, this evolution has itself created occasional tension thanks to different interpretations of the data. One instance of this is hit ratios – a buy side client, or a third party, can provide a liquidity provider with their win rate, but is it a true reflection of that LP’s efforts?
