South Africa Tops New Deposits Index by FM Intelligence, Thailand Advances
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South Africa Tops New Deposits Index by FM Intelligence, Thailand Advances
A new report from Finance Magnates Intelligence Department is showing an interesting comparison between established and new markets with regard to forex deposits. While more developed countries make up the majority of the top ten for deposits-per-GDP at FX brokerages, with six entries, some emerging markets have performed very strongly relative to their economy.
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The top ten deposit sources for FX firms, normalized for the size of the national economy per capita, in descending order, are South Africa, Germany, France, Indonesia, the United Kingdom, Thailand, Italy, Slovenia, Saudi Arabia and the Netherlands. While the forex industry ... (read more)
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