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Record overnight FX volumes were noted from major US financial banking conglomerate, JPMorgan Chase & Co, according to a letter sent to the company’s staff from its CEO Jamie Dimon. The message came amid wild swings in currency markets and a global stock market selloff after the UK’s vote to leave the EU was digested across financial markets today.
While financials took a hard hit in Friday’s session, following a broad stock market selloff that started in Asia, then Europe, and finally hit the U.S., Finance Magnates reported a number of venues experiencing record high trading volumes.
FX volumes were ... (read more)