Flurry Of Mergers Intensifies Liquidity Concerns Participants Say New York Market is Hardest Hit

BANKS

The recent flurry of bank mergers has intensified the already considerable concern among market participants about liquidity in the foreign exchange market, particularly in New York, where, many say, activity has already eroded dramatically. Market participants say that the drop is becoming particularly noticeable in the New York afternoon and few are optimistic about what lies ahead.

"The problem is exacerbated in the afternoon, when Europe goes home," says one foreign exchange broker in Lon

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: