Forex: now it's a $1.9 trillion market
Article Abstract:
A report from the Bank of International Settlements shows that daily volume in traditional global foreign exchange markets has risen by $1.3 trillion over three years. The data in the report suggest that foreign exchange is growing into a popular asset class and a viable alternative to investment in stocks and bonds.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Currency markets draw new players
Article Abstract:
Currency exchange markets have seen a deregulation so that day traders and hedge funds may trade in foreign currency, not just the banking industry. A new dawn in the $1.9 trillion a day foreign exchange sector.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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More banks are asking rivals to handle currency trading
Article Abstract:
A growing number of banks are getting out of the foreign-exchange trading business, in favor of outsourcing it to larger institutions. The practice is known as white labelling.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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