Forex: now it's a $1.9 trillion market

Article Abstract:

A report from the Bank of International Settlements shows that daily volume in traditional global foreign exchange markets has risen by $1.3 trillion over three years. The data in the report suggest that foreign exchange is growing into a popular asset class and a viable alternative to investment in stocks and bonds.

United States, Australia, Forecasts, trends, outlooks, Financial management, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Asia, Africa, Labor Distribution by Employer, Financial services industry, Finance, Forecasts and trends, International aspects, Statistics, Market trend/market analysis, Company financing

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Currency markets draw new players

Article Abstract:

Currency exchange markets have seen a deregulation so that day traders and hedge funds may trade in foreign currency, not just the banking industry. A new dawn in the $1.9 trillion a day foreign exchange sector.

United Kingdom, Legal issues & crime, Government regulation (cont), Government regulation, North America, Legal/Government Regulation, Industry Overview, Analysis, Laws, regulations and rules

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More banks are asking rivals to handle currency trading

Article Abstract:

A growing number of banks are getting out of the foreign-exchange trading business, in favor of outsourcing it to larger institutions. The practice is known as white labelling.

Commercial Banks, Use of services, Services introduction, New Products/Services, Banking industry, Company service introduction, Service introduction, Outsourcing

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