At BNP Paribas, Mr Foch says the bank’s client-related trading volumes have grown substantially with hedge funds and real money funds. “Our business… has exponentially increased due to a more aggressive coverage and pricing on the whole spectrum of products across geographies,” he says.
It is a similar story at Calyon. The bank has increased its market share with a particular client group. “Client volume is growing as more people are trading currencies as an asset class,” says Mr King. “In our specific case, we increased our client share as a result of improved client penetration in the fixed income sector.”
