Trends in FX Trading 2017 — All-to-all in All but Name
This report explores significant shifts in the global spot FX trading environment that took place between 2015 and 2017. Following the release of the Bank for International Settlements’ (BIS) triennial FX survey in 2016, which found spot volumes dropped 19% since 2013, this report explores the changing dynamics of the spot FX market. In doing so, the report illuminates a market structure that is moving from broker-dealer-dominated dealer-to-dealer (D2D) and dealer-to-client (D2C) structure to an all-to-all (A2A) structure.
https://research.greyspark.com/2017/trends-in-fx-trading-2017/
