Banks around the globe saw their fortunes in the FICC (fixed income, currencies and commodities) trading industry decline further over the third quarter, as extremely low market volatility weighed on FICC trading revenues for the second consecutive quarter.
FICC Trading Revenues At Five Largest U.S. Banks Tank In Q3 Due To Low Volatility
Forbes - 9 Nov 2017 20:36
Banks around the globe saw their fortunes in the FICC (fixed income, currencies and commodities) trading industry decline further over the third quarter, as extremely low market volatility weighed on FICC trading revenues for the second consecutive quarter.
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