More NewsClientKnowledge Tips the Winners as Online FX Grows

ClientKnowledge Tips the Winners as Online FX Grows

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.’

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