LatAm continued to account for the 7th greatest volume of e-FX activity in 2013. 1% of global electronic volumes took place in 2013 up from 0.75% in 2012.
The fastest growing region for electronic trading of FX is Caribbean having almost doubled it’s global electronic trading volume since 2012.
Corps users accounted for 19% of e-FX volumes in LatAm in 2013, this is down from 26% in 2012.
Banks were the fastest growing e-FX user group having grown 105% y-o-y.
| 5 biggest markets for Corps e-FX trading volume in LatAm in 2013 were: | |
| Country | Market Share |
| Brazil | 36.40% |
| Colombia | 30.88% |
| Mexico | 19.35% |
| Argentina | 5.40% |
| Chile | 4.65% |
