Three-quarters of FX volumes now executed electronically, say Greenwich Associates
Top four banks increase overall market share as a result
Nearly three-quarters of global FX volumes were executed electronically in 2103, up from 71% in 2012, allowing the top four largest currency trading banks, Deutsche Bank, UBS, Citi and Barclays, to tighten their grip on the market by capturing almost half of all flows, according to a report from consultancy firm Greenwich Associates.
The report says that financial institutions have increased the share of electronically executed volumes to 77% and retail aggregators have upped the share of
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