Goldman, Lehman and the chase for retail flow

Without giving too much away, I can say that this year’s Euromoney FX Poll is...

Without giving too much away, I can say that this year’s Euromoney FX Poll is the biggest ever in terms of the numbers of voters and the volumes reported. What was even more noticeable this year is just how big the so-called retail sector has become. The banks have long realized this and a few have tried to work out ways they can benefit. The retail aggregators now also recognize the value of their business, which is a dramatic change from a few years back when they had to go begging for liquidity.

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