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Foreign Exchange

FX poll 2008: Results released

The global foreign exchange market continues to grow at an extraordinary pace, with most of the world’s largest banks reporting noticeable and at times dramatic growth in turnover volumes in 2007.

2008 FX poll results       

FX poll methodology


Key points:

  • Turnover rises 41% to a record $175 trillion


  • Deutsche Bank extends lead with 21.7% share of global market


  • UBS consolidates second place with growing 15.8% share


  • Barclays Capital breaks into top three global banks


  • JPMorgan, Lehman Brothers and Dresdner Kleinwort post strong gains

About the Euromoney FX survey

For almost 30 years, Euromoney’s annual foreign exchange survey has been widely regarded as the industry benchmark for the FX market.

Euromoney polled named individuals at industrial and commercial corporations, financial institutions, institutional investors and state agencies. The polling took place from January 18th to February 29th. We received 9,810 valid votes.

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