Portals see record FX volumes

"The market was active all day and didn’t seem to pick up or drop off at any stage," said Ed Hulina, head of FX marketing at UBS in London. Hedge funds, banks, corporates and asset managers were all actively trading, he said, adding that the traders "were very active as they sought to manage the risk inherent in such widespread activity".

Electronic trading platforms took the brunt of the forex surge, said officials. UBS broke all its previous records, going through the 10,000 daily trade bar