In order to safeguard that we are provided with enough liquidity in the currency markets, Capricorn has established relationships with several liquidity providers. This has provided the Capricorn FX products with tighter spreads and better pricing. As a currency manager trading only high liquid currencies on a short-term basis, we must work with more than one provider. Capricorn has liquidity from the top 'single-bank' and 'multi-bank' foreign exchange liquidity providers.