Retail FX poised for further growth in Asia, says Aite Group
The retail foreign exchange market will maintain its growth trajectory for the next 10 to 15 years, with the US market expected to reach 4.8 million trading accounts by 2020, according to a report published on May 17 by Boston-based research and advisory firm Aite Group.
In the 71-page report, Retail FX traders: pilgrims to the land of high returns, Aite Group's senior analyst Javier Paz said demographic trends, internet penetration and the response to financial turmoil will attract new retail
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