FX Week

Treasury Messaging Down Sharply As FX Declines


LA HULPE--The Society for World Interbank Financial Transactions (Swift) reports that the decline of the foreign exchange market led to a 17 per cent fall in treasury message volume last year.

Swift is a bank-owned organisation that operates a global network primarily for payments messages.

The decline in FX trading was attributed by a Swift spokesperson to the launch of the euro. While agreeing with this, a source at the treasury of a major European manufacturer told FX Week:

"The euro is

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: