Friday, September 12, 2008

Global Equity Trading Falls 37%

The volume of equities and derivatives traded on global exchanges declined sharply in August as hedge funds and investment banks scaled back trading.

The value of equities traded on global exchanges last month fell 37 per cent compared with the same period a year ago, while derivative volumes fell 21 per cent, according to Citigroup research.

-EPJ Newsdesk.

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