Skip to content

News

Results of the Semi-Annual FX Turnover Surveys in October 2024

One third of European FinTechs faced regulatory intervention due to partner bank
Facebook
Twitter
LinkedIn

In October 2024, 25 financial institutions active in the UK foreign exchange market participated in the semi-annual turnover survey for the Foreign Exchange Joint Standing Committee (FXJSC). The survey results are summarised below. Detailed tables for the October 2024 reporting period are available separately.

Tables 1 to 4 below provide various summaries of the average daily data for October 2024, with comparisons to April 2024.

 

Source: Bank of England

Facebook
Twitter
LinkedIn

Related Posts

AEMI authorisation cost guide for UK electronic money institutions

How Much Does It Cost to Become an Authorised Electronic Money Institution (AEMI) in the UK?

AEMI authorisation costs at a glance The AEMI authorisation cost involves much more than the application fee paid to the Financial Conduct Authority (FCA). Firms also need to consider capital
Read More >
SPI registration cost guide for UK Small Payment Institutions

How much does it cost to register as a Small Payment Institution (SPI) with the FCA?

Summary The costs of registering to become an SPI will vary depending on your size and business model, but you should expect to budget for the following. What are the
Read More >