Retail FX booms at NY show

NEWS

NEW YORK -- Online FX trading firms in the US are undergoing a mini-boom, according to firms exhibiting at a retail trading show in New York last month.

Firms at the International Online Trading Expo in February said interest in forex among attendees has grown markedly in the past year. As a result, most companies expect to double their FX transaction volumes by year-end.

"Retail FX is a new animal for the US markets. It’s becoming much more within the grasp of the retail trader," said a

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