News In Brief

User-friendliness key to consumer trading

A survey of 1,000 online consumers in North America found 75% believe a lack of user-friendliness composes the single greatest obstacle to trading FX.

The research was conducted by Chicago-based research company, Synovate, and found 65% perceive the cost of forex trading to be a barrier to entry.

Among those who cited usability as the barrier to adoption nearly 40% said forex was too complicated. The survey was conducted in early December.

PBoC and HKMA

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