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 Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

FX Survey 2019: Market share by region


Regional Market Share
Western Europe
Rank 2019 Rank 2018 Counterparty Market Share % 2019
1 5 Deutsche Bank 10.75%
2 2 XTX Markets 10.06%
3              9 Citi 9.57%
4 1 JPMorgan 9.28%
5 3 UBS 6.07%
6 8 State Street 5.71%
7 6 Goldman Sachs 4.86%
8 4 HSBC 4.77%
9 7 Bank of America Merrill Lynch 4.29%
10 11 Barclays 3.74%
Back to top
Rank 2019 Rank 2018 Counterparty Market Share % 2019
1 1 JPMorgan 11.45%
2 2 Bank of America Merrill Lynch 10.09%

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?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree