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WORLD'S BEST FOREIGN EXCHANGE BANKS 2005
HEADNOTE
of trading has exploded to around $1.9 trillion a day. In April 2004, when 52 central banks and monetary authorities worldwide collected data on turnover, as they do every three years, they found that daily global turnover was up 57% at current exchange rates and 36% at constant exchange rates from April 2001.
Global Finance selects the leaders in the world's biggest financial market.
The recent slide in the value of the dollar has focused the eyes of the world on the foreign exchange markets, where the volume
The triennial survey also confirmed that the UK remains the center of the foreign exchange world, with a market share of 31.3%, followed by the US with a 19.2% share, and Japan with 8.3%. Daily volume in the US soared 82% since 2001, slightly narrowing Britain's lead. Daily turnover for US derivatives markets, such as forward-rate agreements, interest-rate swaps and foreign exchange options, surged by 164%.
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BEVERLY HILLS, Calif.--(BUSINESS WIRE)--April 24, 1996--City National Bank, the principal subsidiary of City National Corp. (NYSE:CYN), Wednesday announced the establishment of a new Foreign Exchange ......
LONDON -- Reuters (NASDAQ:RTRSY)(LSE:RTR), the global information company, today made a major step forward in bringing greater market transparency by launching a new, live feed ......
NEW YORK -- The Foreign Exchange Committee today released the results of its second Survey of North American Foreign Exchange Volume. This new survey ......
NEW YORK -- The Foreign Exchange Committee ("FXC") today released the results of its inaugural semi-annual FX Volume Survey for North America. This new ......
MINNEAPOLIS -- U.S. Bank has promoted Timothy Shafer to senior vice president and head of its foreign exchange department. He succeeds Pat Noble, who retired ......
LOS ANGELES--(BUSINESS WIRE)--Dec. 16, 1994--In an effort to meet increased demand for risk management services, Imperial Bank has expanded its foreign exchange trading operation and ......
Business Editors LONDON & NEW YORK--(BUSINESS WIRE)--Oct. 20, 2003 CLS Group Holdings AG (CLS Group) announces that Korea Exchange Bank and Kookmin Bank have become ......
Business Editors & High-Tech Writers CUPERTINO, Calif.--(BUSINESS WIRE)--Jan. 5, 2000 PacketShaper Installed to Protect Organization's Mission-Critical SNA Traffic, Highlights Packeteer's Strong Growth in Asian Market ......
LONDON -- Reuters (LSE:RTR)(NASDAQ:RTRSY) today announced that Deutsche Bank, Dexia, HSBC and Societe Generale are the latest banks to go live on Reuters Trading ......
NEW YORK -- The Bank of New York, a global leader in securities servicing, has been named "Best Foreign Exchange Research" provider worldwide for ......
Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Jan. 23, 2003 Leading Corporate Foreign Exchange Provider Opts for Software-Free CRM to Support Global Sales Force Salesforce.com, the market ......
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