Euromoney FX survey 2011: Buy side excited by multiple choice

The dominance of the top-three FX banks is being challenged by the chasing pack of dealers. It isn’t just a case of luring clients onto their internal trading platforms. Clients want different things, and multi-dealer exchanges are beginning to prosper. Tom Osborn reports.

For more news and analysis of the foreign exhange industry, go to www.euromoney.com, the new voice of the FX markets.

Results index
Buy side excited by multiple choice HSBC raises its game
Banks take fight to the algo traders Methodology

AS THE RESULTS of this year’s Euromoney foreign exchange survey show, market share is broadening out among the top-six FX banks. Last year’s leading banks, Deutsche Bank, UBS and Barclays Capital, have all had their market share eroded by a chasing pack of three: Citi, JPMorgan and HSBC.

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