Year of plenty for top 30 banks

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LONDON – The FX Week annual revenue ranking of the top 30 earners in FX smashed records in fiscal 2003. Fantastic trading opportunities stemming from huge volatility in major and emerging markets, coupled with booming interest in FX from the hedge fund and investor client sector, helped take total revenues for the top 30 over $14.5 billion for the first time since the euro's launch five years ago.

The top three and top 10, with total FX revenues of $4.4 billion and $9.8 billion respectively

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