FX survey 2014: The reign of terror
Investigations into allegations of market fixing in foreign exchange are spreading into the very heart of the business. Those running the world’s biggest FX houses live in fear of what analysis of hundreds of millions of calls and emails will unearth. Do investigators and regulators risk bringing down the axe on a market that has always provided unrivalled liquidity and ultra-tight pricing for clients?
The Euromoney Foreign Exchange Survey is the benchmark for the FX industry. It was first published in 1979. Most leading global banks judge their relative performance in foreign exchange according to their results in the Euromoney survey. As well as quantitative data on a global, regional and client and product-type basis, Euromoney also publishes qualitative performance rankings across a similar range of categories.