Survey: FX swaps e-trading sees greater client sophistication
BofA study shows increasing electronic trading of derivatives as users embrace MDPs and APIs
With an increasing share of foreign exchange derivatives passing through electronic channels, buy-side traders are adopting more advanced methods of trading, according to a new report from Bank of America.
The survey, which is based on aggregated trading volumes from 15 liquidity providers (LPs) collected by BCG Expand and presented by BofA, analyses trends in electronic trading for FX forwards, swaps, options and non-deliverable forwards (NDFs).
It highlights average daily volumes (ADVs) of FX
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