Asset Managers volume on FXall grows by 146%
FXall has revealed that trading by asset managers in 2004 had increased 146% to $1.
First Published by e-Forex News: April, 2005
FXall has revealed that trading by asset managers in 2004 had increased 146% to $1.036 trillion. FXalls overall volumes in 2004 reached $4.9 trillion, up 104% from 2003. The company also reports that its total number of asset manager clients has risen to 135.<br>
These clients manage estimated total funds of $15 trillion, representing a high proportion of the funds under management in the global investment industry. The average trade size on FXall has risen 83% in the last year as asset managers push higher volumes through the platform.