Currency Swaps Grow As FX Options Volumes Slip Again
NEWS
BASLE--Global business in currency swaps is growing as FX options volumes continue to slip, according to a Bank for International Settlements report issued last week.
"The market is finding the FX options business significantly more challenging," says one US analyst. "People running big options positions are finding it difficult to make money. Time will tell if this decline is terminal."
Currency swaps are the only consistently growing forex contract and options contracts volume has slipped for
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