Corporate-focused banks see boom in FX trading volumes in H1
November 2, 2023
NewsWritten by Jordan Galhardo-Burnett
Expand Research – A BCG Company has been speaking to FX Markets, reviewing trends in foreign exchange over the first half of 2023.
This piece written by Rishi Baveja, Principal in the Capital Markets team and Jordan Galhardo-Burnett, Principal and Head of Publications & Insight at Expand, provides an overview of some of the key developments. In particular, banks with strong corporate banking footprints saw significant growth in activity in the first half of this year. This increase was driven from the US, where hedging was a driving force behind the strong upturn.
