Oliver Wyman was commissioned by GFMA’s Global FX Division to evaluate the impact of the European Union’s proposed FTT on European FX markets, estimating its impact on FX cash and derivative users.
In this report, Proposed EU Commission Financial Transaction Tax - Impact Analysis of Foreign Exchange Markets, we aim to quantify the impacts of the FTT on FX cash and derivative markets, both in terms of the transaction costs and the effects on the participants in these markets.
