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Asset Management companies


Asset Management companies employ foreign currency market to assist dealings in foreign investments.They are the ones which basically handle big money accounts on behalf of their clients, like pension funds etc. . While such companies are into Forex market and trading currencies, they take these transactions as secondary to their real investment business, and hence, are not intended for revenue-maximization. According to the BIS study of Triennial Central Bank Survey, year 2004, a finance manager and a major 53% of transactions were totally inter-bank, 14% were between a non-financial company and a dealer, and 33% concerned a dealer (i.e a bank) .

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