May 2007
FX poll 2007: Top five largest FX banks by market share
Deutsche Bank emerged again at the top of the Euromoney FX poll, and the top five banks have consolidated a clear lead on everyone else. There are banks with strong and popular niches, but what does the dominance of the top five imply for their future? Lee Oliver finds out.
Top five consolidate lead in FX market
THE FOREIGN EXCHANGE market and the authoritative Euromoney poll that analyzes it are both growing fast. Although it might not be completely true that FX is one of the biggest financial markets in existence, it is certainly in that league. It may not be perfect, but most of its participants could also rightly claim it is one of the best.
This year’s poll was the largest ever. A total of 8,364 validated respondents, accounting for $124.8 trillion of annual turnover, voted. This was up from 6,322 votes in 2006, which represented $85 trillion of annual activity. In 2005, the sample size was just $40 trillion. ...
More information on foreign exchange
The rest of this article is available to subscribers only
Please Subscribe or take a Free Trial below.
Already a subscriber? Log in here.
Subscribe online today
- Your print copy delivered every month
- Over a decade of archived content
- Daily news and updates
- Personalised email news feeds
- Unlimited online access
- Access to all our survey and award results
Subscribe
Free 48 hour access
- Online access to Euromoney.com
- In-depth analysis and comment of the international capital markets
- The best of our editorial comment by email
- Complimentary digital magazine sample
Start Trial
Questions about your subscription status?
Email us or call: +44 (0) 20 7779 8888
