Overcoming the post-trade dilemma

Despite the market tumult that subprime has brought to us, and however unpredictable volatility and market direction will be, there seem to be a couple of givens in the foreign exchange market.

One is that banks will see continued ticket growth, with Asia and the emerging markets being the main engines. At the same time though, the actual growth rate is lagging behind expectations. This fuels competition and puts additional pressure on already tight profit margins. Decreasing profit margins are