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Electronic Foreign Exchange: Booming in Crisis Global treasury professionals reveal e-trading trends in the foreign exchange market. Published March 13, 2009
New research from Greenwich Associates shows that the growth of e-forex last year far outpaced the expansion of foreign exchange trading as a whole. In fact, the 37% growth rate in electronic trading was almost triple that of the 13% year-over-year increase in total FX trading volume. As a result, the proportion of global foreign exchange trading volume executed through electronic systems jumped to 53% in 2008 from 44% in 2007. This white paper presents the results of Greenwich Associates' most recent research on global electronic foreign exchange trading. The report presents up-to-date data on total worldwide eFX volume, the proportion of total FX trading volume conducted electronically, the percentage of FX traders using electronic systems and other benchmarks relating to the development and growth of the eFX market.
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