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- Title
The foreign exchange and over-the-counter interest rate derivatives market in the United Kingdom.
- Authors
Lowes, John; Nenova, Tsvetelina
- Abstract
The article reports on a three-yearly survey of turnover in Great Britain's foreign exchange and over-the-counter (OTC) interest rate derivatives market, conducted by the Bank of England in April 2013. As per the survey, turnover in foreign exchange and OTC interest rate increased by 47 percent and nine percent, respectively, between April 2010 and April 2013. Also discussed are developments in trade execution in context of electronic trading.
- Subjects
UNITED Kingdom; FOREIGN exchange; OVER-the-counter markets; BANK of England; BUSINESS turnover; INTEREST rates; ELECTRONIC trading of securities
- Publication
Bank of England Quarterly Bulletin, 2013, Vol 53, Issue 4, p394
- ISSN
0005-5166
- Publication type
Article