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.
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