Latest articles from Markets

6. Is client-related trading growing or diminishing as a share of the business?

May 2, 2005

If prop trading volumes are up, client volumes are growing even faster, according to 77.78% of respondents. For many respondent banks, the increasing number of fund managers treating FX as an investment product, combined with targeted client acquisition strategies by the bank, has meant that a lot of firms have witnessed a substantial rise in client-related trading.

5. Is proprietary trading growing or diminishing as a share of the business?

May 2, 2005

A conclusive 72% of respondents affirmed that, whichever way it is measured, proprietary trading has rocketed as a proportion of banks’ FX business. Whether or not it is growing as a separate business from FX market making or as an adjunct to it, volumes are up and will continue to grow, say most respondents.

4. What FX products are most important in your market or geography?

May 2, 2005

In terms of most important products, spot is still king: 25% of respondents cite it as the most important product, echoing the finds of the BIS report. This is followed by forwards and options in joint second place, cited by 19.64% of banks in the survey.

3. What developments or products would most improve your business?

May 2, 2005

While e-commerce and web-based products may be demanding in terms of investment, they are also cited by 28% of respondents as top of the list of developments that will drive improvements to the quality of the business or directly to the bottom line.

2. What are the challenges facing your business or geography?

May 2, 2005

To the question of what is the biggest challenge, the overwhelming response is that posed by competition and the continued pressure on margins. Almost 40% of The Banker’s respondents cited this as the most pressing challenge to their business.

1. What – or where – are the current opportunities in FX?

May 2, 2005

The search for yield is as marked in the FX sector as it is elsewhere. Just as fixed income volumes have been bolstered by a healthy growth in emerging markets (EM) business, emerging markets are being identified as the next big thing in FX.

Opportunities and challenges abound

May 2, 2005

In The Banker’s annual FX Poll, we focus on the interbank market and find that despite a combination of downward pressures, the FX market offers as many opportunities as it does challenges.Geraldine Lambeanalyses the results.

A new kid on the outsourcing block?

May 2, 2005

On the list of favoured outsourcing destinations, Hong Kong’s name rarely appears. But Hong Kong is the location of choice for the fast-growing trade finance outsourcing business. Why?

Predictions point to era of mega banks

May 2, 2005

To reach a conclusion, the EAI has engaged a Zurich-based consultant to assess the research and in a first round list of commended brokers, Deutsche came top.

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