Keeping pace in an explosive market
The foreign exchange market is by far the largest market in the world. With exponential growth year-on-year, average daily trading volume of $5 billion in 1977 had risen to an estimated $2.9 trillion by April 2007. Despite slight declines in the second half of 2006, FX trade volume seems poised to continue the trend of exponential growth that we have witnessed during the past few years.
Looking at the market today, FX is now an asset class in its own right. Hedge funds are increasingly
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More on Foreign Exchange
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