Firms favour swaps over spot when trading FX – BIS
Turnover of foreign exchange derivatives outpaced that of spot contracts in April, data from the Bank for International Settlements’ Triennial Central Bank Survey shows.
Total average daily turnover of forex instruments hit $6.6 trillion in April. Trades between reporting dealers accounted for 38.3%, between reporting dealers and other financial firms 54.6%, and between reporting dealers and non-financial companies 7.2%.
Spot contracts comprised 30% of all trades, compared with 49% for forex
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
7 days in 60 seconds
Compounding, venue disrupters and the Fed’s stress buffer
The week on Risk.net, January 11–17, 2020
Receive this by email