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Citigroup has continued to hold the top ranking amongst currency trading companies in 2016 according to this year’s Euromoney Foreign Exchange survey. Aside from this, the changes across the table have been substantial.
The market share of the top 5 global banks for foreign exchange trading has decreased to 44.7 per cent of the volume. This marks a continuation of their decline after a peak of 61.5 per cent in 2009. Looking at the institutions which have ranked from 6th to 10th spot, their market share totaled about 22 per cent, a figure which is consistent with previous years.
For the ... (read more)