FX e-trading near saturation, says Greenwich

But the next stage in the success story is due, the financial consultancy says

Greenwich's Kevin McPartland notes e-trading volumes have remained flat since 2013

The rapid adoption of electronic trading in currency markets over the past decade has pushed foreign exchange to become one of the most screen-based asset classes, with around 75% of notional institutional flows being traded through e-channels, but there are signs of approaching saturation, according to a research paper from Greenwich Associates.

The paper, In FX E-Trading, Innovations and Efficiencies May Boost Growth, the financial consultancy notes the share of e-trading in foreign exchange