Traders reap rewards in LatAm markets

Banks such as JP Morgan Chase cited Latin America as key to their forex businesses during 2002, and Citigroup -- the largest global FX provider -- is thought to have made significant profits from the region as part of its record $1.8 billion in forex revenues last year.

International banks operating outside the continent are largely responsible for the increase in trade. Bank for International Settlements statistics show that from 1998--2001, FX trading volumes within Brazil and Mexico, for

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 [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

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: