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Foreign exchange trading dropped by 29% in spot market

Foreign exchange trading worldwide totaled $5.1 trillion daily in April, down from $5.4 trillion in April 2013, while trading in the spot market dropped 29%, according to the Bank for International Settlements. “While there are some very notable players that have entered the market and become very active, I think some speculative players have dropped off,” CLS Bank International CEO David Puth said.

Bloomberg (9/1)