FX Poll 1999: Life after execution

The pie may be getting smaller but the top players are taking bigger slices. However, as Jack Dyson reports, the largest foreign-exchange firms are having to work ever harder to carve out a point of difference in a mature market with thin margins. In our eagerly-awaited annual foreign-exchange poll, Citigroup stays ahead of Deutsche by a whisker. Research by Rebecca Cicolecchia.

FX Poll: Full Results

FX Poll: Methodology

Walk around the foreign-exchange trading floors this year and the first thing you notice is how quiet they all are. Gone are the squawk boxes and the telephones ringing non-stop. Instead the desks are top-heavy with machinery, and as much of the day seems to be spent watching the Kosovo crisis unfold on CNN as dealing. But Richard Moore, European foreign-exchange manager at Citibank denies that the markets are less exciting than usual.

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