Citi and J.P. Morgan dominate the eFX market

Discussion in 'Wall St. News' started by mlawson71, Apr 26, 2019.

  1. mlawson71

    mlawson71

    Citi and J.P. Morgan are the two major global players when it come to electronic forex trading, which currently accounts for 80% of the global FX trading volume by customers, reveals the latest study of Greenwich Associates – a US market intelligence company.

    HSBC also stands along Citi and J.P. Morgan when it comes to overall emerging markets currency trading share.

    On top of that Citi defends its title as the world’s top FX dealer to global corporate accounts, with J.P. Morgan and HSBC sharing the second place, followed by Barclays and Bank of America Merrill Lynch.

    The other forex dealers in the 2019 Greenwich Leaders in Global FX Market Share are UBS, Deutsche Bank and Goldman Sachs.
     
    Last edited: Apr 26, 2019
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