Kalinda Limited

FX Global Market Overview

Trading in OTC FX markets reached $7.5 trillion per day in April 2022 ("net-net" basis,3 all FX instruments), up 14% from $6.6 trillion three years earlier.
Turnover of FX swaps accounted for 51% of global turnover, up from 49% in 2019. The share of spot trades fell to 28% from 30% in 2019, and that of outright forwards remained unchanged at 15%.
Overall, inter-dealer trading, i.e. trading among “reporting dealers”, reached $3.5 trillion or 46% of global turnover in April 2022, a higher share than in previous Surveys. Trading with "other financial institutions" saw modest growth and accounted for 48% of global turnover (down from 55% in 2019).
The US dollar was on one side of 88% of all trades (unchanged from 2019). The share for the euro decreased marginally to 31% (from 32% in 2019), and those for the Japanese yen and the pound sterling remained unchanged at 17% and 13%, respectively. The renminbi's share rose to 7%, making it the fifth most traded currency in 2022 (up from eighth place in 2019 with a 4% share).
Trading at sales desks in five jurisdictions – the United Kingdom, the United States, Hong Kong SAR, Singapore and Japan – amounted to 78% of all FX trading ("net-gross" basis). Trading activity in the United States and Singapore grew by more than the global average.

Problem Statement

Kalinda Limited

Lack of Transparency

High Transaction Fees

Lack of Transparency

Unclear fee structures and inconsistent trade execution hinder accurate assessment of trading costs, leading to unexpected.

Kalinda Limited

Unreliable Platforms

High Transaction Fees

Lack of Transparency

Frequent outages and technical glitches disrupt trading activities, resulting in missed opportunities and decreased profitability.

Kalinda Limited

High Transaction Fees

High Transaction Fees

High Transaction Fees

Elevated costs eat into profits, making it challenging for traders to achieve desired returns