New research indicates that online multibank fx trading is growing strongly. For example, while 19% of European corporates reported trading via an MPP (multi provider platform) last year, 33% expect to do so next year. The recent study by research and consulting firm ClientKnowledge, shows FXall as the main beneficiary of Atriax’s demise and strongly positioned for future growth. ‘Online fx trading certainly has a future, but patience and deep pockets as well as market nous will be required’ comments Justyn Trenner, chief executive officer and principal, ClientKnowledge. ‘We think the bank-owned providers are the most likely to stay the course.’
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.