Sterling shocks have traders back on the phones

FX Markets USA: liquidity shocks herald a shift back to voice trading

bitcoin cryptoexchange cryptocurrencies

Buy-side firms are shifting back to voice execution in response to volatility spikes and thinner liquidity in some of the more developed foreign exchange markets.

Panellists at the FX Markets USA conference in New York on October 20 pointed to the recent turbulence in the sterling market and suggested liquidity has deteriorated significantly despite higher volumes.

Nowara Munir, head of FX trading at Lazard Asset Management, noted that sterling FX volumes reached $13 billion traded on

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 -, or view our subscription options here:

You are currently unable to copy this content. Please contact 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: