27 April 2005 â FXall, the worldâs leading foreign exchange platform, has been
named number one multibank portal in the Euromoney foreign exchange poll for
the fourth consecutive year.
The Euromoney poll is an annual survey that measures the performance of leading
foreign exchange banks and service providers. This yearâs poll was the largest ever, with 4,492 responses from corporate treasurers, fund managers and senior banking executives. This marks a significant increase on the 3,501 responses recorded in 2004, and demonstrates the growing prominence of the poll in the foreign exchange industry.
FXall came first in the multibank portal category with 50.76% of volumes, double the market share achieved by the nearest competitor. This is the first time any platform has captured more than 50% market share, and conclusively
demonstrates FXallâs position as the leader in online foreign exchange trading.
The result reflects FXallâs success in winning business across all market segments, particularly asset managers, who in 2004 increased trading on FXall by 146%. It is the latest in a series of accolades for FXall, following a fourth consecutive win in the Global Investor FX Poll of institutional investors earlier in the year.
Phil Weisberg, CEO of FXall, said: "I would like to thank our clients for once again voting us number one multibank foreign exchange portal. These results
demonstrate that FXall has consolidated its leadership in online foreign exchange.Our commitment to delivering the tightest prices, deepest liquidity and most advanced technology is attracting clients across all market segments. We are continuing to innovate by developing new products, responding to our customersâ needs and to the trust and support they have shown in us."