| Document Date: 2010-04-28 11:20:58
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Company CONFIDENTIAL The Greenwich Associates / Methodology Greenwich Associates / CONFIDENTIAL GREENWICH ASSOCIATES / Greenwich Associates / / Continent Asia / North America / Europe / Americas / / Country Japan / United States / Canada / / Currency USD / / / / IndustryTerm e-traders / query tool / institutional financial services / multi-bank forex systems / bank retail networks / e-trading systems / bank users / bank / e-trading / retail aggregators / Electronic trading systems / foreign exchange services / multi-bank platforms / multi-dealer systems / retail trade volumes / nascent technologies / multi-bank systems / retail customers / electronic systems / Retail trading flows / retail investors / / Person Giovanni Carriere / Frank Feenstra / Robert Statius-Muller / Andy Awad / Woody Canaday / Tim Sangston / / / Position mention dealer / consultant / / Region Latin America / / URL www.greenwich.com / /
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GREENWICH ASSOCIATES Electronic Trading Systems Capture One Half of Global FX Volume March 2007 For the first time, “buy side” foreign currency traders in 2006 executed more than half of total global FX trading