Treasurers hesitant to embrace online forex trading

Regional or global treasury centres are more likely to sign up but integration remains a concern.

According to two studies conducted in Europe and the US, up to two thirds of treasurers are not interested in online foreign exchange trading.

Of those that already are trading forex online, or intend to, most are likely to be in global or regional treasury centres where the volume and frequency of foreign exchange dealings and larger number of banking relationships make it, in theory, a convenient option.

When FX Week polled about 60 company treasurers at last month's UK Treasurers Conference in Birmingham, they found that only 15% of those businesses were trading currencies on the internet. The survey also showed that more than two-thirds are not considering online foreign exchange trading...

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