Global FX Market Update 2013: Increased Market Transparency, More Competition
Report Summary
Global FX Market Update 2013: Increased Market Transparency, More Competition
Increased transparency, low latency, and cost-effective trading mark the future of global FX.
Boston, June 6, 2013 - The large, liquid global FX market continues to grow and evolve, nourished by market volatility, massive adoption of electronic trading, increasing adoption of high frequency trading, and retail market growth. Potential for increased regulatory supervision has emerged as this resilient market has gone more mainstream and become accepted as a legitimate asset class. But beyond the specter of regulation, an industry-initiated effort to introduce enhanced transparency and provide fair trading now fuels the next phase of electronic FX competition: emerging FX venues that tout increased transparency, low latency, and cost-effective trading as key characteristics of their competitive offerings.
Based on qualitative Aite Group interviews with leading banks, FX brokers, various client segments, FX vendors, and FX execution venues, this Impact Report by Aite Group senior analysts Javier Paz and Howard Tai and managing partner Sang Lee provides an in-depth reality check for the global FX market, focusing on key market trends, discussing evolution in electronic FX, and segmenting clients and their market needs. It is the first in a two-part series on the global FX market.
This 56-page Impact Report contains 32 figures and six tables. Clients of Aite Group's Institutional Securities & Investments or Wealth Management services can download the report.