Which of the following factors help explain the decline in FX trading in the early years of this century?
A)Introduction of the euro.
B)Consolidation in the banking industry.
C)Growth of electronic brokering.
D)Mergers in the corporate sector.
E)All of the above.

Question

Quizplus · Accepted Answer

The introduction of the euro, consolidation in the banking industry, and growth of electronic brokering all contributed to the decline in FX trading in the early years of this century. Mergers in the corporate sector may also have played a role, but to a lesser extent. Therefore, the best choice is E, all of the above.

Which of the Following Factors Help Explain the Decline in FX