FX volumes up by a third

Its yearly survey, out this week, reveals a 30% uptick in client and interbank FX volumes, in an indication of what the market can expect from the eagerly anticipated Bank for International Settlements' (BIS) next triennial FX survey, due in October.

ClientKnowledge's research, which is based on surveys with 2,000 corporates, money managers and bankers, quantifies for the first time what market participants have already reported anecdotally. Far from contracting in response to electronic tra