The May 2019 Euromoney FX Survey has just been released.
It lists the top 10 currency market liquidity providers (banks and non-banks), ranked according to currency trading volume.
Together, these LP’s transact more than 64% of the world’s FX trading volume in the top tier of the market, which we call the interbank network.
Here are the Top 10 Liquidity Providers, listed in order according to current market share.
(Last year’s ranking is shown for comparison.)
Here are the details of the 2019 FX Survey from Euromoney –
Highlights from the Euromoney Survey:
the dramatic return of Deutsche Bank to the upper eschelon of the rankings
the reduction in market-share concentration among the interbank leaders
the continued rise of non-bank liquidity providers
For comparison, here are the market-share rankings from the past 3 years: