Foreign exchange trading increased by 38% between April 2005 and April 2006 and bomb Forex Trading System extra than doubled since 2001. This is largely due to the growing importance of foreign exchange as an asset class and an gain in fund management assets, particularly of hedge funds and pension funds. The diverse selection of execution venues such as internet trading platforms offered by companies such as First Prudential Markets and Saxo Bank have made it easier for retail traders to market in the foreign exchange market.
Electronic trading is growing in the FX market, and algorithmic trading is neat much and common. According to financial consultancy Celent estimates, by 2008 up to 25% of all trades by volume will be executed using algorithm, up from about 18% in 2005.