Poll over... results to come
When the Euromoney FX poll results are released, it will be interesting to see if there has been any movement, especially in the poll’s upper echelons.
More people have filled in this year’s Euromoney FX poll than ever before. Over 10,000 respondents have found the time to complete the survey, making it the most authoritative snapshot there is of the FX market. Of course, it’s not perfect – nothing ever is – but poll head-honcho Andrew Newby and his team put in an enormous amount of effort to validate the responses and make it robust.
When the results are released, it will be interesting to see if there has been any movement, especially in the poll’s upper echelons. I suspect that, given some of the turmoil seen over the past year, there will be. It will also be interesting to see whether the rise in volatility following the sub-prime crisis has resulted in further consolidation of market share, or whether the buy side decided to spread their business around.