Executive Summary

This report provides detailed information on Foreign Exchange products according to Europe-based corporate users. The report focuses on foreign exchange cash trading volume by transaction, EM trading volume by currency group, most important factors in allocation of FX business, use of emerging markets currencies, treasury team coverage, and more.

Methodology

This report provides detailed information on Foreign Exchange products according to Europe-based corporate users. Research is based on in-person and telephone interviews with Europe foreign exchange corporate users in the 2025 Study. The data in this report is based upon aggregated results from individuals participating in the study.