Foreign exchange - Market share by institution

April 25, 2005

Euromoney FX poll 2005
The big get bigger – but is it for the best?
Overall Market share	Market share by institution type
Multi-bank online platforms	Single-bank online platforms
Best for currencies	Forwards
Research	Advisory services
Who's best where?	E-trading market share
Market share by region	Market share by size

Non-financial corporation
2005	2004	Bank	MarketShare	Market share increase
1	1	Citigroup	11.15%	-1.91%
2	2	Deutsche Bank	10.89%	1.41%
3	3	UBS	8.41%	1.25%
4	4	HSBC	8.30%	1.37%
5	20	Merrill Lynch	5.03%

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Foreign exchange - Market share by institution

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