Retail FX offers lucrative returns
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Research from London-based client strategy firm ClientKnowledge found that the growing client base can generate annual profits of between $1 billion and $2 billion a year for retail service providers.
The potential business opportunity has led banks including Deutsche Bank and ABN Amro to enter the market with retail trading platforms. Meanwhile, others such as UBS are also thought to be at varying stages of development.
Justyn Trenner, chief executive of ClientKnowledge in London said banks
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