EBS currency trading volumes fall back in February

EBS currency trading volumes fall back in February

Market volatility tends to drive volumes of trade and January was a turbulent month for the FX market, with a shock move on Jan. 15 by the Swiss National Bank to scrap its more-than three-year-old franc cap against the euro. Volatility also spiked on Jan.

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Citigroup Said to Boost FX-Trading Fees 25% for Some Customers

(Bloomberg) — Citigroup Inc., the largest provider of prime-brokerage services to firms trading currencies, is using that size to extract higher fees from clients, according to people familiar with the firm's pricing. Citigroup is raising prices for …

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Banks to Charge for Forex Trading at Fix

Banks including Barclays PLC, Deutsche Bank AG and Credit Suisse Group AG are planning to charge clients for carrying out foreign-exchange trades at the so-called 4 p.m. fix, according to people familiar with the matter. The fix, a key currencies …

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