Investment Banks Gain Ground In FX Market Focus On Derivatives, Capital Flows Pays Off


During the mid-1980s, when the foreign exchange market was doubling in size every two years, investment bank's growing share of the market wasn't much noticed. But now that the market is contracting, their success in cutting an increasing large slice of the FX pie has become evident. Though few of the investment bank officials contacted say that they have shifted or dramatically increased their presence in the last year, all now regularly pump significant profits out of their foreign exchange

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