Results from the fourth semi-annual surveys of foreign exchange volume, published simultaneously by the US Foreign Exchange Committee (FXC) and UK Foreign Exchange Joint Standing Committee (JSC), show that the market is continuing to expand strongly.
The NYC found that overall volume in the April 2006 reporting period was up 31.5% on the same period in 2005. Activity in London was even more robust, with the JSC reporting annualized growth up 39%.
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