search query: @indexterm FOREIGN EXCHANGE MARKET / total: 170
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| Author: | Brown, J. |
| Title: | Forex ventures beyond the phone |
| Journal: | Euromoney
2001 : MAY, 385, p. 81-84 |
| Index terms: | FOREIGN EXCHANGE MARKET FOREIGN EXCHANGE ELECTRONIC COMMERCE TRADE |
| Language: | eng |
| Abstract: | The paper deals with the development of online foreign exchange trading. The author of the article considers the following subjects: Benefits of moving more business to online and other electronic systems; Improvement of buy side/sell side relationships through online trading. The author also states that the development of online foreign exchange trading has lagged behind e-trading of other financial products but optimists predict it will account for 70% of the market by 2004 and 95% by 2012. The author answers the question why take-up so far has been so slow if the advantages are obvious and will four or five competing systems exist alongside each other in the future. |
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