FX market will be 70% electronic by year-end, says Aite Group

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Electronic trading continues to gain traction in the foreign exchange market and could account for as much as 70% of all trading by the end of 2013 but this growth does not herald the end of voice trading, according to a new report by Boston-based research and advisory firm Aite Group.

The report, Electronic FX market 2013: Ready for a revolution, is based on interviews with banks, brokers, technology vendors, execution vendors and different client segments. Electronic trading already accounts

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