Online forex trading surged during the worst period of the global financial crisis, as its trading volume rose 37% year on year, according to a research by Greenwich Associates.
Investors seem to have flocked into electronic forex trading in a quest for liquid markets, as a recent research by Greenwich Associates shows a 37% increase on electronic trade, outpacing the 13.0% increase in total FX Trading Volume.
The proportion of global forex trading executed through electronic devices has increase, thus, to 53% in 2008 from 44% in 2007.
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