Global FX On the Decline, Migration to Electronic Venues Unfolds
Posted: Mon May 23, 2016 4:39 pm
The global foreign exchange (FX) market is in the midst of a number of trends and reversals, which has included overall volumes last year along as with a migration of business to electronic venues, according to a recent Aite Group report.
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Despite a decline in global FX volumes, the overall currency market still saw an average daily value of $5.32 trillion in 2015, which was down from $5.87 trillion per day in 2014, or -9.4% YoY – the figures relied on ... (read more)