According to the official estimates, the measures recently approved by the Council of Ministers will reduce the baseline budget deficit in 2012 by € billion; the measures bear on the main items of expenditure and focus on the operating costs of the public administration.
Since our market contact group was set up in 1999, the FX market landscape has undergone a deep and broad structural evolution, which has gained significant momentum in recent years. On the sell side, one of the most notable changes relates to the execution of trades. FX trading has become increasingly electronic and automated, reflecting technological advances.