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Retail volumes off 26% and Institutional 58% from last year's levels.

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Retail volume up 4%, Institutional up 16%.

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Retail volume up 23%, Institutional up 34%.

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Retail FX volumes down 27% in April.

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Retail volumes $340 billion, Institutional volumes $161 billion.

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Steady retail margins, growth is in Asia, big White Labels coming...

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