Aite highlights importance of retail FX

Another research report, this time from Aite, details how important retail flow is becoming.

Titled Retail FX Market: The Next Frontier, the report says that average daily volume had reached $60 billion by the end of 2006. “The Asia-Pacific market currently has an estimated 38% of the market, followed by Europe, which represents 31% of the retail market. The Americas represent third place with 26% of the global retail FX market,” writes author Sang Lee.

He adds: “The potential growth of the retail FX market appears limitless at this point, as potential key competition is still missing from the competitive landscape.

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