Why has FX trading surged?

Gabriele Galati and Michael Melvin

BIS Quarterly Review, 2004

Abstract: The 2004 survey shows a surge in traditional foreign exchange trading. This seems to have been driven by momentum trading and carry trades in a global search for yield on the part of institutional investors and leveraged players as well as by hedging activity.

JEL-codes: C42 F31 (search for similar items in EconPapers)
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (54)

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