Retail sets the pace for future of forex

- By FX Markets Staff
- @FXMarkets_
- 19 Nov 2007

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"Explosive growth will occur in retail FX in coming years, driven by the rapid expansion of global financial assets," said Richard Olsen, co-founder of Oanda. "We are seeing growth in Russia, the Middle East, China, the BRIC countries, as well as countries with active international economies, such as Australia and New Zealand," agreed Mike Thrower, global head of sales and marketing at Cognotec.

Technology will keep pace with this increase, said Olsen. "Similar to cars and computers, the

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