FX Markets

JP Morgan increases FX options dealer lead as Goldman slips

JP Morgan has extended its lead as top foreign exchange options dealer in the rankings for US mutual funds in the second quarter of the year. The New York-based bank held close to half of the notionals with the client group and grew its market share to nearly twice that of its nearest competitor, Goldman Sachs, which saw its FX options book decline by nearly a quarter to $13.4 billion.

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