Tag: retail aggregators

Mystery Solved? BIS Report Studies Triennial FX Survey Data

When the Bank for International Settlements (BIS) published this year’s version of its FX turnover survey there was much scratching of heads in the FX industry at its finding that $6.6 trillion was traded every day in the FX market. Not only was the survey taken in what was a quiet month by most standards […]

The Inexorable Rise of the “Others”

A notable figure in this year’s Bank for International Settlements (BIS) survey of FX turnover highlights the increasingly important role of firms like retail aggregators in the FX market. While in the 2016 survey the “Other” category of the Other Financial Institutions segment of the report (this is largely the retail aggregator/prime-of-prime sector) was responsible […]