Barclays Capital maintains FX lead in the UK

Mike Bagguley at Barclays Capital
Mike Bagguley, Barclays Capital

In its latest semi-annual survey of foreign exchange turnover in the UK, the Bank of England's Foreign Exchange Joint Standing Committee found that average daily reported turnover had jumped by 23% between October 2010 and April 2011 to reach $2,191 billion.

Despite that apparent spike in activity in 2011, Barclays Capital continues to dominate FX trading in London and once again picks up the award for best bank for FX in London, as well as best bank for GBP/USD and EUR/GBP. In a year that came

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