Report Warns of e-FX Trading Hitting a Wall
SPECIAL REPORT
GREENWICH, CT.--The results of a study conducted by Greenwich Associates in the last quarter of 2002 led researchers to conclude that there is growing resistance to electronic foreign exchange (e-FX) technologies, although the number of firms trading online increased. This "emerging block of resistance to this new technology … could hold down future growth," says Tim Sangston, analyst at Greenwich. The recent research shows that 21 percent of polled firms intend to begin e-FX trading in 2002
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