Among the key findings:
Citi retains its top ranking
Deutsche Bank continues a long-term decline in market share
Standard Chartered jumps from 15th to 9th place
Global headline volume falls by 1.9%
Overall market share among the top five banks declines to 41.05%, from 44.79% in 2016
There are now seven non-bank liquidity providers in the top 50
After years of growth, electronic trading has levelled out at 64% of volume
Detailed information:
Top 10 overall market share:
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The Euromoney Foreign Exchange Survey is the most comprehensive quantitative and qualitative annual study available on the FX markets. The 2017 Euromoney FX Survey was the 39th annual survey of liquidity consumption within the global FX markets conducted by Euromoney. In 2017, Euromoney received 2,395 valid responses from consumers of FX liquidity representing total FX consumption of $92.9 trillion in the calendar year 2016.