Latest research from Greenwich Associates, shows BarCap has toppled the mighty Deutsche Bank to take top position in terms of market share.
The ranking is shown here:
The Summary of the Greenwich Survey is available here.
Interestingly, last week I mentioned in regard to the Profit&Loss FX awards, that whilst Deutsche Bank has been #1 in the EuroMoney FX ranking for the last seven years, it has actually been losing considerable market share. The chart below shows the share of the top three ‘flow’ monsters in the EuroMoney poll.
Whilst Deutsche has seen it’s share fall from 21.7% in 2008 to ‘only’ 15.64% in 2011, BarCap’s market share in that period has risen from 9.12% in 2008 to 10.75% in 2011. So it will be interesting to see whether the 2012 EuroMoney FX survey also shows BarCap overtaking Deutsche.