The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

BIS explains market growth

The Bank for International Settlements has explained what it sees as the factors behind the robust growth in the FX market. I won’t regurgitate the whole of the latest BIS Quarterly Review – I’m paid by the word and my editor won’t wear such a blatant attempt to get a Christmas bonus. If you want to see the whole thing, follow this link:

BIS concludes that there seem to be some structural changes taking place that will help maintain the market’s expansion. This includes the entrance of new participants and the growing importance of emerging market currencies. It also believes that there is less distinction now between market-making banks and other financial institutions.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?