Providing market research reports, industry analysis, company profiles and country reports for strategic planning, competitive intelligence, marketing and business research.
Search for Market Research Reports:    

Foreign Exchange: Libretto for a Night at the Opera (Products, Traders, Methods, Motivations)

Published by: TowerGroup

Published: Sep. 11, 2006 - 17 Pages


Table of Contents



TowerGroup Take-Aways

Report Coverage

Vision

The FX Market

FX Global Average Daily Volume

Exhibit 1 Global Average Daily Trading Volume in Foreign Exchange (1998-2007E)

Electronic Foreign Exchange

Exhibit 2 Bifurcation of the Electronic Foreign Exchange Market (2006)

FX Compared to Equity

Exhibit 3 Currency Market vs. Equity Market (2006)

Market Participants

Exhibit 4 Trading in Foreign Exchange: Motivation and Method by Entity (2006)

Dealer Banks

Smaller Regional Banks and Broker-Dealers

Real Money Managers

Nonfinancial Corporations

Hedge Funds or Leveraged Funds

Central Banks

Motivations for FX Trading

Dealer Banks

Smaller Regional Banks and Broker-Dealers

Real Money Managers

Nonfinancial Corporations

Hedge Funds and Leveraged Funds

Methods of Trade Communication

Profiling the Four Execution Venues

Single-Bank Portals

Exhibit 5 Single-Dealer Portals for Trading in Foreign Exchange: Advantages and Disadvantages

Multibank Portals

Exhibit 6 Multibank Portals for Trading in Foreign Exchange: Advantages and Disadvantages

Interdealer Portals

Exhibit 7 Interdealer Portals for Trading of Foreign Exchange: Advantages and Disadvantages

ECNs

Exhibit 8 Electronic Communication Networks for Trading Foreign Exchange: Advantages and Disadvantages

Summary

Abstract

The foreign exchange market has multiple products and types of participants with diverse trading methods and motivations. Technology has brought innovation and change. Once done only by telephone, FX trading was reliant on relationships and credit lines, which limited participation. The advent of electronic trading and straight-through processing has led to an influx of diverse traders, but new execution venues catering to them have fragmented the market. New trading methods like aggregation and algorithms have added to the complexity. This TowerGroup Research Note analyzes how market participants are trading in FX and how their motivations affect their choice of execution venues.

Get Full Details About This Report >>
US: 800.298.5699
Int'l: +1.240.747.3093
Buy this Report
Price and Delivery Options
Search Inside Report


 

About MarketResearch.com
MarketResearch.com is an online aggregator selling over 250,000 market research reports, company profiles and country profiles from over 650 research firms. Our reports will provide you with the critical business and competitive intelligence you need for strategic planning and marketing research. Coverage includes the US, UK, Europe, Asia and global markets.

 

© MarketResearch.com 2010