I know that most of the volume comes from EBS, Reuters, Bloomberg. there are also large venues like Currenex, HotspotFXi, Integral, FXAll and LavaFX. Is there analysis on which network trades scandinavian currencies and in what volume?
Reuters. Institutionals use Prime Brokerage to access the big Scandinavian banks. For retail and pro traders, I have no clue.
There are a few possibilities such as Oanda and Easy Forex. Despite what others may have posted, trading Scandinavian currencies can be quite a good strategy considering their relationships to larger currencies such as the Euro, GBP or Dollar, especially if you are interested in trading a correlated-pairs strategy.
The spread must be horrible. I would not bother trading it unless it is for positive carry and hold long term.
................................................ spread, not bad actually, but it is an acquired taste. playing thru. s