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Currency trading in UK, North America shrinks by over 20%

Declines in October coincide with currency managers losing money last year, finds index
Wednesday, January 27, 2016 - 05:50
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Currency trading in the UK and North America shrank by more than 20 per cent in October from a year earlier, according to central banks in those regions.

London

The world's biggest financial market just got a whole lot smaller.

Currency trading in the UK and North America shrank by more than 20 per cent in October from a year earlier, according to central banks in those regions.

North America's average daily volume fell 26