![FX Markets](https://nginx.production.bb8-fxweek.uk3.amazee.io/sites/default/files/styles/print_logo/public/2020-02/print-logo.png?itok=5xPlPt39)
Vanguard extends forwards dominance as Citi dips
Counterparty Radar: Fund giant responsible for more than a third of total forwards volumes and half of EUR/USD in Q4
![US-SEC-building US-SEC-building](/sites/default/files/styles/landscape_750_463/public/2021-03/US-SEC-building.jpg.webp?h=7b06db53&itok=yjYInGX-)
Vanguard’s dominance of foreign exchange forward transactions grew in the fourth quarter, with the firm responsible for more than a third of reported FX forward positions across all US mutual funds by volume, and more than half of euro/US dollar trades, according to FX Markets’ analysis of around 20,000 filings to US regulators.
On the dealer side, Citi maintained its leading overall position but its market share continued to slide, partially due to a drop in trading with Vanguard, with the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
More on Trading
What T+1 risk? Dealers shake off FX concerns
Predictions of increased settlement risk and later-in-the-day trading have yet to materialise
Morgan Stanley shoots into FX options dealer top spot
Counterparty Radar: US mutual funds added $11.1 billion in new positions in Q1
Keys to the kingdom: dealers open doors to passive trades
Banks provide entry to internal exchanges and principal trading desks
MMF margin adoption needed to boost tokenisation efforts
Instruments must be more widely accepted as initial margin for new tech initiatives to take off, says JPM exec
Pimco doubles down on FX forwards trades in Q1
Counterparty Radar: Pimco accounted for nearly 60% of all notionals added by mutual funds
BNPP and BofA top this year’s FX Markets Dealer Rankings
Both banks prospered with US mutual funds, while Morgan Stanley remained top counterparty for life insurers
Cuts and points – how the Dealer Rankings work
Dealer Rankings 2024: We have a simple way to compare dealers. Sort of simple, anyway
Prime status – Could FX futures exchanges rival the primary spot market?
This FX Markets webinar assesses whether the futures market will become an increasingly important reference price for traders at the expense of the primary markets, and what the implications of this could be.
Most read
- What T+1 risk? Dealers shake off FX concerns
- CME Group bags top awards for FX derivatives and spot
- Are market-makers better at dealing with central bank intervention?