Online platforms displace telephone as primary FX trading channel (Finextra)


Electronic trading in foreign exchange continued to gain ground in a contracting market last year, overtaking the telephone as the primary channel for customer dealing, according to research by Greenwich Associates.

While total FX volumes declined six per cent from 2008 to 2009, e-trading volumes increased by seven per cent, suggesting that market participants continue to actively shift volumes to multi-bank and single dealer platforms from other channels.

Read more at Finextra

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: