According to the results of Greenwich Associates’ 2008 Global Foreign Exchange Research Study, electronic foreign exchange (e-FX) trading volumes increased 21% from 2006 to 2007, but that impressive performance was not enough to keep pace with the surge in global FX markets last year. This is a sign that the electronic trading business could be entering a phase of more mature development. By almost any standard, last year was a good one for electronic trading systems. In addition to the overall increase in trading business, e-trading systems continued to attract new users, especially among the world’s most active FX traders. The survey found that market-wide FX trading volumes jumped 36% year over-year, however, causing the total share of e-FX on a global basis to shrink from 50% in 2006 to 43% last year.
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.