FX Survey 2017: Behind the headline numbers

Euromoney’s annual foreign exchange survey is about far more than just the overall market volumes that are the benchmark league table for the industry. 

These charts tell the story of the evolution of the FX industry during the course of this decade: how the market share of the top five banks has fallen, both overall and in e-market share; how real money accounts have become more important while leveraged funds decline; and how non-bank liquidity providers are quickly making their mark.