JP Morgan tops Greenwich market share rankings
Citi falls into second place, as market share among top dealers is redistributed for second year in a row
JP Morgan has topped a list of banks’ market share in foreign exchange, climbing from last year’s third place to knock Citi off its perch to the second spot and UBS to third, according to the 2017 Greenwich Leaders: Global Foreign Exchange Services survey.
The consultancy said it is the second consecutive year in which market share has been redistributed among the top players in the currency space, with some dealers adding as much as 2% to their slice of the pie this year.
The number of banks
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