FX technology spend will double by 2013, says Celent

Man spending cash

Competition to increase market share in foreign exchange continues to drive an increase in IT spend, and total expenditure across the industry will increase by 48.6% by 2013, according to new research published by Boston-based research and consulting firm Celent on May 3.

In a 36-page report, Technology systems in the global FX market, Celent estimates $1.23 billion was spent on FX technology across the buy side and the sell side in 2010, up from $1.09 billion in 2009. By 2013, it expects that

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 customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

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: