Gulf currency volumes improve on TR Matching

Mark Kiley, head of sales in the Middle East for Thomson Reuters based in Dubai, said interest in these currencies is global. "We are seeing tier-one and -two banks from London, New York, Singapore, Zurich and Frankfurt trading these currencies," he said.

According to Kiley, more than a $1 billion is traded a month on the UAE dirham and Saudi riyal. The dirham was launched on Spot Matching in April (FX Week, May 31).

But voice broking is deeply entrenched in the Middle East, and other bank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: