FX Connect hits $20bn in daily trading volume

The record high was not due to any particular trading event, said Simon Wilson-Taylor, head of State Street’s Global Link portal, which hosts FX Connect. Instead, the platform has been "nudging close" to that level for the past six weeks.

Over 400,000 transactions have been completed on FX Connect since the start of the year, he added, while more than 95% of the $20 billion volume came from banks other than State Street. "Sometimes people assume that a lot of the volume on FX Connect comes

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: