Review of 2008
January
FX back with a bang
GLOBAL - Foreign exchange started the year on the back of record volumes for 2007. However, the strong performance by the asset class was not enough to protect some FX teams, as banks began making cuts to help counter the increasing woes in the financial sector.
Multibank portal FXall reported record annual trading volumes of over $13.4 trillion - single count - in 2007, a 37% rise over 2006 figures.
Icap-owned spot-broking platform EBS reached average daily volumes
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