Detailed Results Of FX Survey Released By Bank Of England

BANKS

The Bank of England released the full results of its triannual foreign exchange turnover survey in the November issue of its Quarterly Bulletin. The article elaborates on the Bank's press statement (FX Week, September 28), and includes some rather surprising details.

One of the most surprising is that the proportion of gross turnover done through automated dealing systems such as Reuter Monitor Dealing, Dealing 2000-1, Quotron's F/X Trader and Telerate's TTS was only 24 percent--although part

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