The rise and rise of retail FX

David Clark is chair of the Wholesale Markets Brokers Association

Of all the factors that have fascinated, energised and occasionally worried people regarding the foreign exchange market over the decades, its ability to endure extreme conditions and grow during times of economic and political stress stands out as being almost unique in the traded financial world. As an example, the recently published UK turnover survey from the Bank of England’s foreign exchange joint standing committee was eye-catching, even for those of us with experience and faith in

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