Citi Dominates Market As US Banks Report Mixed Q3 In FX


NEW YORK--US commercial banks are reporting uneven profits from FX in the third quarter, following a period of fluctuating volatility and trading volumes, say market officials.

Senior traders point out that the loss of trading in the eleven euro legacy currencies, and reduced hedge fund activity have added to a general downward trend in year-on-year results.

"There was some good movement in the majors -- but it came mainly in the latter part of the quarter," comments a sales dealer at one New

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:

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: