FX Trading Gains Likely Softened In Third Quarter Bank Officials Cite Thin Markets, Tough August

BANKS

Foreign exchange trading revenues at most U.S. banks likely softened in the third quarter compared with those posted in the earlier three month period, foreign exchange officials and analysts surveyed say. Results, which are scheduled to be released in the next few weeks, probably won't compare favorably with those posted during the same period a year ago either, despite the Soviet coup which prompted a brief flurry of activity at the end of August.

Those surveyed generally reported that fore