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currency exchange

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1currency exchange Empty currency exchange Ср Май 23, 2018 11:46 pm

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currency exchange.Overall market volume and employment levels at the biggest banks trading currencies are shrinking, as tighter bank regulation, the fading emerging market boom and a secular slowdown in world growth and trade take their toll. Industry figures show the number of traders employed in Europe at the top 10 foreign exchange banks is down 30 percent over the last three years. Figures from the Bank of England and New York Federal Reserve last month showed that trading volume has fallen to its lowest level in three years. The days when close to $6 trillion changed hands on an average day may never return, industry observers say, as tighter bank regulation, the fading emerging market boom and secular slowdown in world growth and trade take their toll. According to financial industry analytics data firm Coalition, the top 10 FX banks alone operating in Europe employed 332 people on their G10 European FX trading desks last year. That’s down 30 percent from the 475 employed in 2012. 42805
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